Question

Mayanak lost 20% by selling a cycle for Rs.1536. What percent shall he gain or loss by selling it for rs. 2000

Answer 1

Greetings..!

Selling Price of cycle = Rs 1536

Loss percent = 20%

By using formula,Cost Price = 100/100-Loss%*S.P = 100/80*1536=Rs 1920

Now, S.P = Rs 2000

So, gain = S.P - C.P = Rs 80

So, gain percent = gain/C.P*100 = 80/1920*100 = 4.16%

Answer : Hence,he shall gain 4.16%.

Answer 2

ACTALL CP BE x

1536= 80/100x
x= 1536 ×5/4
=1920

ACTALL PRICE OF CYCLE WAS 1920

IF HE SELLS IT FOR 2000
PROFIT=
SP-CP
=80

PROFIT%=80/1920 ×100
=4.16%

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