Question

Karim lost 19% by selling the phone to Mohan for Rs 4860. If Mohan sold the phone to Rahim at the same price, he would have gained 17% if Karim had sold it to Mohan. What percentage of profit did Mohan gain?​

Answer 1

Answer:

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Step-by-step explanation:

SP = 4860

loss% = 19%

CP = (100 / (100-19)) × sp

CP = 100/81 × 4860

CP = rs.6000

CP = 6000

gain% = 17%

SP = (100 + 17/100) × cp

SP = 117/100 × 6000

SP = 7020

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