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?Options21%23%17%12%

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?Options21%23%17%12%
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Solution 1

To solve this problem, we first need to find the cost price of the book.

  1. We know that the book was sold for Rs.150 with a profit of 12%. This means that 112% of the cost price is Rs.150.

  2. To find the cost price, we can set up the equation: 112/100 * cost price = Rs.150. Solving for the cost 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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