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Selling price of a glass is ₹ 1,965 and loss percent is 25%. If its selling price is ₹ 3,013, then what will be profit percent?

Solution

✅ Correct Option: 3

SP =₹1965=₹ 1965

Loss %=25%\% = 25 \%

Let, xx be the Cost Price, then

Loss %=CP−SPCP×100 \% = \dfrac{CP - SP}{CP} \times 100

25=x−1965x×100 25 = \dfrac{x - 1965}{x} \times 100

x4=x−1965 \dfrac{x} {4}= {x - 1965}

x=4x−7860 x= {4x - 7860}

3x=7860 3x= {7860}

x=2620x = 2620

Profit %=SP−CPCP×100 \% = \dfrac{SP - CP}{CP} \times 100

Profit %=3013−26202620×100 \% = \dfrac{3013 - 2620}{2620} \times 100

Profit %=393262×10 \% = \dfrac{393}{262} \times 10

Profit %=302 \% = \dfrac{30}{2}

Profit %=15% \% = 15 \%

Hence, the correct option is Option 3.

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