Question

The profit made by certain dealer is equal to T% of sellingprice and P% of the cost price. Show that P = 100
/100-T
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Answer 1

Step-by-step explanation:

Example 1

A shopkeeper buys a toy for Rs 250 and sells it for Rs 285. Find his gain and gain percent.

Solution: We have, C.P. of the toy =Rs250 and S.P. of the toy = Rs285

Since S.P. > C.P .So, there is profit/gain given by:

Profit=S.P.–C.P.Profit=Rs.285–Rs.250Profit=Rs.35

Now lets calculate gain in percentange:

Profit%=(ProfitC.P.)×100Profit%=(35250.)×100%Profit

Hence, Gain = Rs 35 and Gain% =14%

this is rule of solving profit or loss please solve your question with the use of my example

Answer 2

Answer:

see detailed description in attachment

Step-by-step explanation:

see steps in attachment