Question

By selling anarticle for 225 the shopkeeper loses 25% find the gain or lose % if article is sold for 360

Answer 1

Answer:

Selling for 360 would be a 20% gain.

Step-by-step explanation:

Let C be the cost price.

Selling for 225 results in 25% loss

=> 225 = (100% - 25%) of C

=> 225 = 75% of C

=> 225 = 0.75 C

=> C = 225 / 0.75

=> C = 300

If sold for 360, this is a gain of 360 - 300 = 60.  As a percentage of C, this is

( 60 / C ) × 100%

= ( 6000 / 300 )%

= 20%