Hey guys please give me answer please.
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Answer:
75/7% or 10 5/7% or 10.71%
[Trick: 12/(100+12) × 100 == 12/112 × 100]
Step-by-step explanation:
Let us assume,
Cost price to Akash == 100 rs
P = 12%
So, S.P = 112% × C.P = 112/100 × 100 = 112
112 is the C.P to Ankit.
It is told that Ankit sells it back to Akash for the price Akash had paid for, which is nothing but 100 rs, as per our initial assumption.
C.P == 112
S.P === 100
Loss = 12
Loss% = loss/c.p × 100
= 12/112 × 100 == 3/28 × 100 =
==3/7 × 25 == 75/7 % == 10 5/7 %
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