CUET Preparation Today
On selling an article for ₹2400 a trader earns 25% profit. If he had sold it for ₹2160, then what was his profit or loss percentage? |
$12\frac{1}{2}$% Loss 15% loss $12\frac{1}{2}$% Profit 15% profit |
$12\frac{1}{2}$% Profit |
Selling price of the arrticle = 2400 Profit = 25% 125% of CP = 2400 100% of the CP = 1920 New selling price given = 2160 Profit % = (2160 - 1920) × \(\frac{100}{1920}\) = $12\frac{1}{2}$% Profit |
