100/108 = Rs. 2500New SELLING price = Rs. 3000∴ profit PERCENTAGE = (3000 - 2500)/2500 × 100% = 20%Detailed Solution:Let, cost price = 100xProfit = 8%∴ Selling price = 100x + 8x = 108xAccording to the question,⇒ 108x = 2700⇒ x = 25∴ Cost price = 100x = 100 × 25 = 2500New selling price = Rs 3000∴ Profit percentage = (3000 - 2500)/2500 × 100% = 500/2500 × 100% = 20%

"> 100/108 = Rs. 2500New SELLING price = Rs. 3000∴ profit PERCENTAGE = (3000 - 2500)/2500 × 100% = 20%Detailed Solution:Let, cost price = 100xProfit = 8%∴ Selling price = 100x + 8x = 108xAccording to the question,⇒ 108x = 2700⇒ x = 25∴ Cost price = 100x = 100 × 25 = 2500New selling price = Rs 3000∴ Profit percentage = (3000 - 2500)/2500 × 100% = 500/2500 × 100% = 20%

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If a shopkeeper sells an item at Rs. 2,700, he makes 8% profit. If he sells the item at Rs. 3,000 what will be the percentage of profit?

Arithmetic Ability Profit And Loss in Arithmetic Ability 8 months ago

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Short Trick:Cost price = 2700 × 100/108 = Rs. 2500New SELLING price = Rs. 3000∴ profit PERCENTAGE = (3000 - 2500)/2500 × 100% = 20%Detailed Solution:Let, cost price = 100xProfit = 8%∴ Selling price = 100x + 8x = 108xAccording to the question,⇒ 108x = 2700⇒ x = 25∴ Cost price = 100x = 100 × 25 = 2500New selling price = Rs 3000∴ Profit percentage = (3000 - 2500)/2500 × 100% = 500/2500 × 100% = 20%

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Posted on 03 Nov 2024, this text provides information on Arithmetic Ability related to Profit And Loss in Arithmetic Ability. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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