Question

If a wholesaler, sells a tin of coffee at Rs 528 he faces a loss of 12%. Now if he decides to sell it at Rs 636, what will be the profit (in %)?

A) 7 B) 5 C) 6 D) 4

Answer 1

Answer:

ans C 6

Step-by-step explanation:

Answer 2

Step-by-step explanation:

Let the cost price be= x

Selling price= 528

Loss= 12%

Loss= C.P - S.P

S.P = 100-loss/ 100 * C.P

528= 100- 12/100* x

528= 88/100* x

x= 528*100/88

x= 600

New Selling price= 642₹

Profit = S.P- C.P

Profit= 642- 600

Profit= 42

Profit% = profit/C.P *100

Profit% = 42/600*100

Profit% = 7%