Q18 of 35 Page 175

karim makes a loss of 19% by selling a mobile phone to Mohan at Rs. 4860. If Mohan sells to Rahim at the same price in which Karim sells to Mohan, then Karim makes a profit of 17%. What is the percentage profit of Mohan?

Formula used.


Loss/profit percent = × 100%


Selling price = Rs. 4860


Let Cost price be X


Then selling price = X – = =


By equating both


= Rs. 4860


X =Rs. 6000


If Mohan sells at 17% profit


17% = × 100%


Profit = 17× 60 = 1020


Total profit = 1020+1320 = 2340


Loss/profit percent = × 100%


Profit percent = × 100%


= 50%


More from this chapter

All 35 →