Question

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. 1
B. 2
C. 0.75
D. 0.85

Answer 1

Correct Answer - B
Profit = 5%
5% of CP = ₹ 50
CP = ₹ 1000
Now, Loss% = 10%
Loss = ₹100
Required% `= (100)/(50) xx 100 = 200%`