Question

State True/False: Sushma sold her watch for ₹ 3320 at a gain of ₹ 320. For earning a gain of 10% she should have sold the watch for ₹ 3300

Answer 1

Answer:

Step-by-step explanation:

GIVEN - S.P = 3320, PROFIT = 320,

             C.P = 3320 - 320 = 3000

PERCENT = PROFIT / C.P X 100

= 320 / 3320 X 100

= 9.63%

Consider, S.P = 3300, percent = 10%, C.P = 3000

                profit = 3300 - 3000 = 300

percent = Profit / C.P x 100

= 300 / 3300 x 100

= 9.09%

Therefore, the statement will false.