A trader sold an article at a loss of 5% but when he increased the selling price by Rs.65 he gained 3.33% on the cost price. If he sells the same article at Rs.936, what is the profit percentage?
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Solution
Change in percentage = 3.33+5=8.33%
change in price = Rs 65
The percentage if he sells for Rs 65 is = 8.33%
The percentage if sells for Rs 1 =8.3365
The percentage if he sells for Rs 936 = 8.3365×936