Question

by selling goods for rs. 360 , a trader gains 25% . How much percent would he gain by selling it for rs. 324?​

Answer 1

Step-by-step explanation:

HEY MATE

Let the shopkeeper buy 300 g for Rs 300.He sells 100 g for Rs 110.another 100 g for Rs 120and the rest 100 g for Rs 94.∴ Total amount he receives = Rs 100+Rs 120+Rs 94 = Rs 324∴ the shopkeeper spends rs 300 and gets back Rs 324.

profit % = 324 - 300/300 ×100%

=24/300 ×100% = 8%

Answer 2

Answer:

12.5%

Step-by-step explanation:

Scenario 1

Selling Price (SP) = 360

Profit = 25%

Cost Price (CP) = SP*100/(100+profit%)

CP = 360*100/100+25= 36000/125=288

Now, SCENARIO 2

SP = 324

CP = SP*100/100+P%

288 = 324*100/100+P%

28800+288(P%) = 32400

288(P%) = 32400-28800 = 3600

P% = 3600/288 = 12.5%