Question

A cycle is sold for ₹ 880 at a loss of 20 % for how much should it be sold to gain
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Answer 1

Step-by-step explanation:

The answer is

= 1210. Therefore,it should sold for 1210 rupees. Hope it helps.

Answer 2

Given: A cycle is sold for ₹ 880 at a loss of 20 %.

To find: We have to find the selling price to gain.

Solution:

Let the cost price of the cycle be x.

A cycle is sold for ₹ 880 at a loss of 20% so, we can write-

$\frac{x - 880}{x} = \frac{20}{100} \\ \frac{x - 880}{x} = \frac{1}{5} \\ 5x - 880 \times 5 = x \\ 4x = 880 \times 5 \\ x = 220 \times 5 \\ x = 1100$

The cost price of the cycle is 1100 rupees.

To gain the cycle should be sold at a higher price than 1100 rupees.

Thus the selling price of the cycle should be greater than 1100.