Question

By selling an article for rupees 760 a man loses 5 per cent . What have been his gain or loss per cent if he had sold it for rupees 840
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Answer 1

Answer:

5%

Step-by-step explanation:

5% lost if sell for ₹760

So, original price = ₹(760×100)/95 =₹ 800

So profit if sell for ₹ 840 = 840-800 =₹40

So, percentage of profit = (100×40)/800 =5%