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By selling an article for ₹255, there is a loss of 15%. When the article is sold for ₹357, the net result in the transaction is: |
19% profit 17% loss 19% loss 17% profit |
19% profit |
Selling price of the article = 255 Loss = 15% Cost price = 255 × \(\frac{20}{17}\) = 300 New selling price = 357 Profit = 357 - 300 = 57 Profit % = 57 × \(\frac{100}{300}\) = 19% |
