Question

13. By selling a radio set for 3 900, a man incurs a loss of 4%. At what price should he sell the radio set to gain 16%
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Answer 1

Step-by-step explanation:

CP = {100/(100-L)}900 = (100/96)900 = 90000/96 = 937.50

SP = {(100+P)/100}CP = (116/100)937.50 = 1087.50.

Therefore, he should sell the radio for Rs 1087.50 to gain 16%.

Answer 2

Answer:

4712.5

Step-by-step explanation:

100% minus 4% is 96%

IF 96%≈3900 what about 100%

100%×3900÷96 which is 4062.5

IF100%≈4062.5 what about 116%

100% +16%≈116%

116×40625÷100