Question 12

Selling price of a glass is Rs 1965 and loss percentage is 25%. If selling price is Rs 3013, then what will be the profit percentage?

Solution

Selling price of glass = Rs. 1965

Loss % = 25%

=> Cost price = $$\frac{1965}{(100-25)}\times100$$

= $$1965\times\frac{4}{3}=Rs.$$ $$2620$$

If selling price = Rs. 3013

$$\therefore$$ Profit % = $$\frac{(3013-2620)}{2620}\times100$$

= $$\frac{3930}{262}=15\%$$

=> Ans - (C)

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