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Interpreting percentages
To use the percentages in real life we must be able to interpret the percentage.
Example
If we say that Seema is spending 20% of her income then it means that Seema is
spending Rs. 20 out of every Rs 100 she earns.
How to find CP if SP and profit or loss % is
given?
Example
If the Selling price of a bookshelf is Rs 750 and the profit made by the seller is 10%
then what is the cost price of the bookshelf?
Hence the seller bought the bookshelf at the cost of Rs. 682.
