A man bought a cycle for rs.250.for how much should he sell it so as to gain rs.10%
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CP(cost price) : rs250
profit or gain in% : 10%
10% of 250 = 25
therefore profile = rs25
Now SP(selling price) = CP + Profit
250 +25 = 275
ANS: Therefore to earn 10% profit from his cycle he has to sell it for Rs 275
CP(cost price) : rs250
profit or gain in% : 10%
10% of 250 = 25
therefore profile = rs25
Now SP(selling price) = CP + Profit
250 +25 = 275
ANS: Therefore to earn 10% profit from his cycle he has to sell it for Rs 275
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