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  • By selling a stool for Rs. 240, a carpenter loses 20%. How much %would he gain or lose by selling it for Rs. 360????!!!!!!!!??????

By selling a stool for Rs. 240, a carpenter loses 20%. How much %would he gain or lose by selling it for Rs. 360????!!!!!!!!??????

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Let;cp;of;stool;be;x\*at;sp=240,;loss\%=20\* loss; \%=fraccp-spcp imes 100\* 20=fracx-240x imes 100Rightarrow x=300\* So,;cp;of;stool;is;300\* as;we;can;see;that;sp=360;is;greater;than;cp=300;so;he;will;gain;profit\* gain;\%=fracsp-cpcp imes 100=frac360-300300 imes 100\* gain;\%=20\%\* Hence,;he;will;gain;20\%;profit;when ;he;will;sell;stool;for;Rs;360.

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Deependra Verma

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