Question

On selling an almirah for rupees 20350 a man gains 10% what percent does he gain on selling the same for rupees 19610

Answer 1

Sp=20350
g%=10%
cp=100/100+g%×sp
100/110×20350
18500=cp

new gain % by new sp
sp=19610

gain=sp-cp

19610-18500

1110=g

g%=g/cp×100

1110÷187=225/37

6.08%