Question

If an article was sold at Rs. 2000 with a loss of 5 % what price would bring the trader a 5 % profit? ​

Answer 1

Step-by-step explanation:

s.p. of the article = 2000 and loss = 5%

then c.p. = 2000 + 2000 × 5 / 100 = 2100.

Now, c.p. = 2100 and profit = 5 %

then , s.p of the article at 5% profit = 2100 + 2100 × 5 / 100 = 2205 .

Hence, the price would bring the trader a 5% profit = 2205 .

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