a cycle is sold for rupees 880 at a loss of 20percent. For how much should it be sold to gain 10percent.
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Answer:
Rs. 1210.00
Step-by-step explanation:
Cost of the cycle ⇒ 100%
The selling price with a loss of 20% = Rs.880
That means; 80% of cost = Rs.880
Selling price with a profit of 10% = 110% of cost
So let's find the value of 110% of the cost;
80% = 880
1% = 880/80
= 11
110% = 1% x 110
= 11 x 110
= Rs.1210
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