Question 104

By selling an article for ₹1,134, Anu suffers as much loss as she would have gained by selling it at 10% profit. If she sells it for ₹1,354.50, then her profit percentage is

Solution

Let the cost price = $$x$$

So as per question $$x - 1134 = \dfrac{10}{100}x $$

$$\Rightarrow 0.9 x = 1134 $$

$$\Rightarrow x = 1260 $$

Now selling it Rs 1354.5

then % gain = $$\Rightarrow {1354.5-1260}{1260} \times 100 $$

$$\Rightarrow 7.5 $$%Ans

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