Question

A cycle is sold for ₹ 880 at a loss of 20%. For how much it should be sold to gain 10% ?

Answer 1

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⊙ Please refer to the attachment


$<b > prabhudutt$

Answer 2

Answer:

1210

Step-by-step explanation:

Given,Selling price = 880, Loss = 20%.

(i)

We know that Cost price = [100/(100 - Loss%)] * SP

                                          = [100/80] * 880

                                          = 1100.

(ii)

Given Profit = 10%.

We know that Selling price = [(100 + Gain%)100] * CP

                                             = [(100 + 10)/100] * 1100

                                             = [110/100] * 1100

                                             = 1210.

Therefore,it should sold for 1210 rupees.

Hope it helps!