A cycle is sold for rupees 800 at a loss of 20% by how much should it be sold to gain 10%
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Answer:
Answer:
Rs.1100
Step-by-step explanation:
Here SP = Rs. 800
Loss = 20%
Let CP was x
And we know that
CP - Loss = SP
∴ x - 20% of x = 800
x - (20/100)x = 800
x - x/5 = 800
4x/5 = 800
x = (800 × 5)/4
x = 1000
∴ CP of the cycle is Rs.1000
Now to make a profit of 10%
SP = CP + 10% of CP
= 1000 + (10/100)×1000
= 1000 + 100
= 1100
∴ To make a profit of 10% the cycle should be sold for Rs.1100
SORRY THIS WAS COPIED
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