Question

i sold a horse for Rs 550 at a profit of 10 percent . what would have i gained or lost percentage , if i had sold it for Rs 600​

Answer 1

Answer:

60 rupees

Explanation:

550 by 10 percent is 55 so 600 by 10 percent is 60

Answer 2

Answer:

20%

Explanation:

we know selling price is 550 .

c.p =?

here we know the formula (selling price= final% × cost price )

550= 110/ 100 = CP

550×100/110= 500 = c.p

now we will compare it with next selling price . gain= s.p - c.p

gain= 600- 500 = 100

gain% = gain×100/ cp => 100×100/500

=> 20%