Practicing Success
A man sells goods at 4% loss on cost price but he gives 20 g instead of 40 g. What is his profit or loss percentage ? |
84% profit 92% profit 82% loss 92% loss |
92% profit |
Loss% m = 4%, a = 20 g and b = 40 g Required profit = [(100 - m) × (\(\frac{b}{c}\)) -100] % [(100 - 4) × \(\frac{40}{20}\) - 100] % [96 × 2 - 100]% 192 - 100% = 92% |