Manav lost 20% by selling is mobile phone for rupees 1628 full stop what percent seventh he gain or loss by selling it for rupees 2000
Answers
Given.
- Selling price = Rs. 1628
- Loss = 20%
Solution.
By selling the mobile phone costing Rs. 100 for Rs. 80, it was a Rs. 20 loss
Then the cost price of the mobile phone is
= Rs. 1628 * 100 / 80
= Rs. 2035
If the mobile phone is sold for Rs. 2000, it is a loss since CP > SP.
Loss = Rs. (2035 - 2000) = Rs. 35
Hence percentage of loss is
= 35/2035 * 100 %
= 1.72 %
Answer. Required percentage = 1.72%.
✬ Loss % = 1.72 % ✬
Step-by-step explanation:
Given:
- Manav lost 20%.
- Selling Price of mobile phone is Rs 1628.
To Find:
- What percent would he gain or loss by selling mobile at Rs 2000 ?
Solution: Here,
- Loss percent = 20%
- Selling Price = Rs 1628.
As we know that to find C.P when loss % and S.P are given the formula is
★ C.P = [ 100/ (100 – Loss% ) x S.P ] ★
C.P = Rs [100/ ( 100 – 20 ) x 1628]
Rs [ 100/80 x 1628 ]
Rs 162800/80
Rs 2035
So, Cost Price of mobile phone is Rs 2035.
Now, given that S.P = Rs 2000
Since, S.P < C.P . Hence, there is a loss
★ Loss = C.P – S.P ★
Loss = ( 2035 – 2000 )
Loss = Rs 35
★ Loss % = ( Loss/C.P x 100 ) ★
Loss % = ( 35/2035 x 100 )
Loss % = 3500/2035
Loss % = 1.719 or 1.72
Hence, he lost 1.72% on seeling mobile phone at Rs 2000.