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T guru syamsundar reddy

· started a discussion

· 1 Months ago

not clear (Question: 573833.0 )

please explain clearly

Question:
A trader sold an article at a loss of 5% but when he increased the selling price by \(\unicode{x20B9} \)65 he gained 3.33% on the cost price. If he sells the same article at \(\unicode{x20B9} \)936, what is the profit percentage?
Options:
A) 15%        
B) 16.66%
C) 20%
D) Data insufficient
Solution:

Ans (c) 103.33 CP - 0.95 CP = 65

⇒ CP = \(\unicode{x20B9} \)780

Profit (%) = \(\cfrac{936-780}{780}×100=20\%\)

Alternate method ;



Knowledge Expert

· commented

· 1 Months ago

Dear student
We have updated an alternate solution,
please check it.

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