Question

by selling good at Rs 31 a merchant loses7% on his outlay . find the percentage profit or loss when he sells the same at Rs 35​

Answer 1

Profit : ₹1.67

Step-by-step explanation:

7% loss means that if the CP is100

The SP is 93.

If the SP is 93 then CP is 100

If the SP is ₹1 then CP is 100/93

SP is ₹ 31,then CP is 100/93 ×31=33.33

CP is ₹ 33.33.

IF HE WILL SEII GOOD AT ₹ 35 THEN:~

Profit = SP - CP

35 - 33.33 =1.67

He got profit of ₹ 1.67.

Hope it helps you!!!