A book was sold for Rs.150 with a profit of 12%. If it were sold for Rs.135 then what would have been the percentage of profit or loss?

Question

A book was sold for Rs.150 with a profit of 12%. If it were sold for Rs.135 then what would have been the percentage of profit or loss?
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Solution 1

Sure, let's solve this step by step.

Step 1: First, we need to find the cost price of the book. We know that the book was sold for Rs.150 with a profit of 12%. So, the cost price (CP) of the book can be calculated as:

150 = CP + 12% of CP 150 = 1.12 * CP So, CP = 150 / 1.12 = Rs.133.93 (approximat Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

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