if loss precent is 50 and cost price = rupees 5000 than loss amount is
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it is 2500 i suppose
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Answer:
Given :-
Loss percentage = 5%
Ist selling price = 26.65
2nd selling price = 31.05
To Find :-
His gain percentage.
Solution :-
Let the cost price be x
Cost price = x
Selling price = 26.65
Loss percentage = 5%
We know that,
Total loss = 5% of CP
Selling price = CP - Loss
But also given that, SP = 26.65
Therefore,
According to question,
Therefore, CP = 28.05
CP = 28.05
SP = 31.05
Total profit = SP - CP
= 31.05 - 28.05
= 3
We know that,
On inserting the values in the formula
We get ,
Therefore, profit percentage is 10.69 %
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