Question

By selling an article for Rs. $825$, a man loses equal to $\frac{1}{3}$ of its selling price, then find the profit percent or the loss percent made if the same article is sold for Rs. $1,265$.

Answer 1

Loss $=C.P.-S.P.\Rightarrow \frac{825}{3}$

$=C.P.-825\Rightarrow C.P.=825\times \frac{4}{3}=Rs.1100$

Profit $\%=\frac{S.P-C.P.}{C.P.}\times 100$

$=\frac{1265-1100}{1100}\times 100$

$=\frac{165}{11}=15\%$