Question

The selling price of a table is 27/25 times its cost price. find the loss or the profit as a percent.​

Answer 1

Answer:

7.407% profit this is your answer

Answer 2

Question

1. The selling price of a table is 27/25 times it's cost price. Find the loss or the profit as percent.

Solution

$\sf{Let \: the \: cost \: price \: of \: the \: table=₹100} \\ \sf{Its \: selling \: price=\dfrac{27}{25} \times ₹100=₹108} \\ \sf{Profit=\dfrac{Profit}{C.P} \times 100\%=\dfrac{₹8}{₹100} \times 100\%=8\%}$

Algebraic method :

$\sf{Let \: the \: C.P=₹x} \\ \sf{=>S.P=₹\dfrac{27}{25}x} \\ \sf{=> \: \: Profit=S.P- C.P=₹\dfrac{27}{25}x-₹x=₹\dfrac{27-25}{25}x=₹\dfrac{2}{25}x} \\ \sf{And, \: \: profit\%=₹\dfrac{2}{25}x/{₹x \times 100}} \\ \sf{ = > \dfrac{2}{25} \times 100\% = 8\%}$