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:
Answer & explanation
Correct answer: option 4
SP of the article = Rs. 1134
CP of the article = 1134 × \(\frac{100}{90}\) = Rs. 1260
New SP of the article = 1354.50
Profit = 1354.5 – 1260 = 94.5
Profit % = \(\frac{94.5}{1260}\) × 100 = 7.5%