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After selling a watch, shyam found that he had made a loss of 10%. He also found that had he sold it for ` 27 more, he would have made a profit of 5%. The actual initial loss was what percentage of the profit earned, had he sold the watch for a 5% profit? |
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Answer» Answer: 200% Explanation: Loss when the watch is SOLD = 10% (Given) Profit when the watch is sold = 5% ( if sold for Rs 27 more) 5% of CP = Rs. 27 So, CP = 540 Since loss% = 10 and CP = 540 Thus the loss will be = Rs. 54 Required percentage - = 54 × 100/27 = 200 Therefore, the percentage of the profit earned is 200% |
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