A book was sold for â¹27.50 with a profit of 10%. If it were sold for â¹25.75, then what would have been the percentage of profit or loss?
Points to Remember: Profit and loss percentage calculation. Cost price calculation. Application of percentage formula. Introduction: This question involves a basic business mathematics problem concerning profit and loss percentage. Profit is the difference between the selling price and the cost price of a good, while loss is the difference when the cost price exceeds the … Read more