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Deepak found that he had made a loss of 10% while selling his smartphone. He also found that had he sold it for Rs.50 more, he would have made a profit of 5%. The initial loss was what percentage of the profit earned, had he sold the smartphone for a 5% profit?A. 1B. 2C. 0.75D. 0.85 |
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Answer» Correct Answer - B Profit = 5% 5% of CP = ₹ 50 CP = ₹ 1000 Now, Loss% = 10% Loss = ₹100 Required% `= (100)/(50) xx 100 = 200%` |
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