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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