Question

A dealer sold a sewing machine at a price of ₹ 1710.He had a loss of 5% .At what price he should sold the sewing machine to get a profit of 5%.
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Answer 1

Answer:1885.275 = 1885.3

Step-by-step explanation:

Since the trader had a loss of 5% the cost price will be higher than the selling price.

Loss =5%

Selling price = 1710

Cost price = 105% of selling price

= 105/100 × 1710 = 1795.5

The have made a profit of 5% the selling price has to be higher

Profit = 5%

Cost price(c.p) = 1795.5

Selling price = 100% of c.p + 5% profit = 105% of c.p = 105/100 × 1795.5 = 1885.275

Answer 2

Answer:

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Step-by-step explanation:

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