A trader sold an article for ₹5,040 and earned a profit of 12%. Had he sold it for ₹4,680, what would have been the profit or loss percentage?
4% profit
Let the cost price (CP) be \(x\).
Since a 12% profit was earned on a selling price of ₹5,040: \(x \times 1.12 = 5040 \Rightarrow x = \frac{5040}{1.12} = 4500\).
So the cost price is ₹4,500.
If sold for ₹4,680, the profit would be \(4680 - 4500 = 180\).
Profit percentage \(= \frac{180}{4500} \times 100 = 4\%\).
Similar Questions
A trader buys 15 notebooks for ₹ 270 and sells them at ₹ 21 each. Find the profit percentage.
Important Questions from Profit and Loss
Ram bought a chair at 35% discount on its market price, Had Ram got no discount, he would have had to pay ₹245 more. How much did Ram pay for the chair?
A shopkeeper bought an item for Rs. 4,500 and sold it at a loss of 5%. From this money, he bought another item and sold it at a profit of 10%. What is his overall profit?
A man sells two articles at Rs. 9,180 each. He gains 8% on one article and loses 15% on the other. His overall profit or loss is:
A shopkeeper selling an article for ₹46 loses 8%. In order to gain 6%, what should be the selling price of the article?
Rahul purchased 80 items from the market. 25% items of the total items were defective and the remaining items were sold at 50% profit. What will be the overall profit percentage?
