Question

by selling an almirah forrs 3920, a shopkeeper would gain12%. if it is sold for rs 4375, find his gain or loss percent



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Answer 1

Answer:

Shopkeeper made 25% in profit by selling almost for Rs4375.

Step-by-step explanation:

The SP of almirah = 3920

Let the cost price = x

profit%=12

3920 = 12/100x +x

3920 = 112/100x

x = 3920 ×100 ÷ 112

x = 3500

The cost price of Almirah = Rs3500

Now in the second case

where SP = 4375

SP-CP = Profit

4375 - 3500 = 875

Profit = Rs875

Profit = 3500 × x/100

875 = 35x

x = 875÷35

x = 25