Question

2. Sunita sold her old toys for 475 and
incurred a loss of 5%. At what price should
she sell them to make a profit of 8%?​

Answer 1

Step-by-step explanation:

S. P of toy =475

Loss =5%

So. C. P= 100 ×S.P/100 - LOSS =100×475/100-5=100×475/95=20×25=500

IF WE SELL THIS AT PROFIT OF 8% THEN S. P

S. P =CP(100+PROFIT/100)=500(100+8/100)=500×108/100=540