Question

A man sold a bag for Rs 1,368 at 5% loss. Calculate her profit or loss percent if she had sold it for Rs 1,512.
help!!​

Answer 1

Answer:

Profit %age = 6.55 %

Step-by-step explanation:

Selling Price = Rs 1,368

Loss % age = 5 %

Finding Cost Price:

Let Cost Price be x

So,

x = 1368 + 0.05x

x - 0.05x = 1368

0.95 x = 1368

=> x = Rs 1440

If he had sold it for Rs 1512, she would be having a profit of Rs 72

Profit %age:

Profit %age = $Profit*100/CP$

Profit %age = 72 * 100 / 1440

Profit %age = 7200 / 1440

Profit %age = 5 %

Answer 2

The man sold a bag Rs 1368 at 5% loss.

So the man purchased the bag for:

$1368 \cdot (1+5\%)\\1368 \cdot 1.05=1436.4$

Rs 1436.40.

Which is a Rs 68.4 loss.

If he had sold it for Rs 1512, the profit or loss percent would be:

$1436.4 \cdot x\% =1512\\x\%=1512/1436.4\\x\%=1.05263\\x/100=1.05263\\x=1.05263 \cdot 100\\x=105.263$

105.263% is 5.263% increase.

Which would be a Rs 79.58 profit.

5.263% profit.