A man sold a bag for Rs 1,368 at 5% loss. Calculate her profit or loss percent if she had sold it for Rs 1,512. help!!

Profit %age = 6.55 %

Step-by-step explanation:

Selling Price = Rs 1,368

Loss % age = 5 %

Finding Cost Price:

Let Cost Price be x

So,

x = 1368 + 0.05x

x - 0.05x = 1368

0.95 x = 1368

=> x = Rs 1440

If he had sold it for Rs 1512, she would be having a profit of Rs 72

Profit %age:

Profit %age =

Profit %age = 72 * 100 / 1440

Profit %age = 7200 / 1440

Profit %age = 5 %

The man sold a bag Rs 1368 at 5% loss.

So the man purchased the bag for:

Rs 1436.40.

Which is a Rs 68.4 loss.

If he had sold it for Rs 1512, the profit or loss percent would be:

105.263% is 5.263% increase.

Which would be a Rs 79.58 profit.

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