5. A T.V. set is sold for 6,800 at a loss of 15%.
Find : (i) cost price of the T.V. set.
(ii) new selling price of it, in order to gain 12%.
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3
Answer:
When sold at a loss of 15%, selling price is 0.85*6800 = 5780
Step-by-step explanation:
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Answer:
S.P. of the T.V. set = Rs.6800
Loss = 15%
(i) ∴ C.P. = (S.P. × 100)/(100 – Loss%)
= Rs.(6800 ×100)/(100 – 15)
= Rs.(6800 ×100)/85
= Rs. 8000
(ii) In second case, gain = 12%
∴ S.P. = {C.P.(100 + gain%)}/100
= Rs. {8000(100 + 12)}/100
= Rs. (8000 × 112)/100
= Rs. 8960
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