Question 13

Selling price of a glass is ₹ 1,965 and loss percent is 25%. If its selling price is ₹ 3,013, then what will be profit percent?

Solution

S.P. of glass is ₹ 1,965

Now, loss percent is 25%

Now, S.P. = C.P. - loss

or, $$1965=C.P.\left(1-\dfrac{25}{100}\right)$$

or, $$C.P.=\dfrac{1965}{0.75}=2620$$

Now, in the new case, S.P. = ₹ 3,013

So, profit% = $$\dfrac{3013-2620}{2620}\times\ 100=\dfrac{393}{2620}\times\ 100=15\ \%\ $$

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