Question

if by selling a permanent marker for rs17. 50,a stationer suffers a loss 12% then what price of permanent maker would bring him a profit of 20%​

Answer 1

Step-by-step explanation:

Let cost price of product = x and given, person suffers a loss of 12.5%by selling an article for Rs . 17.50

Loss % = [lossCP×100]%⇒12.5 = lossx×100⇒loss = 12.5x100⇒CP−SP = 12.5x100⇒x = 20

So, Cost price of product = Rs . 20

And

Now, profit % = [profitCP×100]%⇒20 = profit20×100⇒profit = Rs 4⇒SP − CP = 4⇒SP −20 = 4⇒SP = Rs 24