by selling a stool for rupees 67.50 a carpenter loses 10%. how much percent would he gain or lose by selling it for rupees 82.50
by selling a stool for rupees 67.50 a carpenter loses 10%. how much percent would he gain or lose by selling it for rupees 82.50
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Answer:
10% gain
Gain = Rs 7.5
Step-by-step explanation:
SP=67.50
Loss=10%
CP=
Then, 67.5 × 100 / 100-10
=> 6750/90
=> 75
Therefore, CP= Rs 75
According to question,
Desired SP= Rs 82.50
Since SP>CP, there is a gain.
Gain= SP-CP
=> 82.5-75
=> Rs 7.5
Gain %=
=> 7.5/75×100
=> 0.1×100
=> 10%