Question

The selling price of a table is

27

25

times its cost price. Find the loss or the profit

as percent​

Answer 1

Let, the se Cost Price of table = x Rs. then, Selling Price of table = 27x Rs.

Profit = 27x - x = 26x

Profit% = (26x/x)×100 = 2600%

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Answer 2

Answer:

(I) 2600℅

(II) 2400℅

Step-by-step explanation:

(I) Let the CP be Rs. x

=> The SP = Rs. 27x

Since SP greater than CP, profit is gained.

Profit = SP - CP = 27x - x

=> Profit = 26x

Profit percent = (Profit / CP) * 100

=> Profit percent = (26x / x) * 100 = 2600℅

(II) Let the CP be Rs. x

=> The SP = Rs. 25x

Since SP greater than CP, profit is gained.

Profit = SP - CP = 25x - x

=> Profit = 24x

Profit percent = (Profit / CP) * 100

=> Profit percent = (24x / x) * 100 = 2400℅