Question

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Answer 1

Answer:

Given:

By selling a table for rupees 3168 Rashid loses 12%

To find:

What per cent would he gain or lose by selling a table for rupees 3870​?

Solution:

The S.P. of the table = Rs. 3168

Loss = 12%

∴ C.P. of the table is,

= 100/100-L% * SP

=  100/100-12% * 3168

=  100/88* 3168

=  100 x 36

=  3600

We can see that the C.P. of the table i.e., Rs. 3600 is less than the new S.P. of table Rs. 3870, therefore Rashid will make a profit in the transaction.

Now,

The profit percentage is,

=  S.P. - C.P. / C.P. x 100

=  3870-3600/3600 x 100

=   270/3600 x 100

=  7.5%

Thus, Rashid would make a profit of 7.5% by selling a table for Rs. 3870.

Step-by-step explanation:

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