Question

What profit percent is made by selling an article at a certain price if by selling at four-fifth of that price there may be a loss of 12 %?

Answer 1

Answer:

10%

Step-by-step explanation:

let CP = 100, there is a loss of 12% in the final case i.e. SP = 100 – 12 = Rs 88. Now this Rs. 88 is the four-fifth of the selling price as per the question. The original selling price will be 88 × 5/4 = Rs. 110. CP =100. There is a profit of Rs. 10, which is nothing but 10%, as the CP is taken to be Rs. 100

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Answer 2

Answer:

10%

Step-by-step explanation:

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