Question

a man bought a TV for Rs. 22850 and later sold it for a loss of Rs. 1600. what is the selling price? at what price should he sell if he wants get a profit of 10%

Answer 1

Answer:

Step-by-step explanation:

COST PRICE (CP)= Rs. 22850

LOSS(l) = Rs. 1600

SELLING PRICE(SP)=?

CP-SP= l

22850- SP= 1600

SP=Rs. 21250

profit (%)= (gain/CP)*100

10 = (gain/22850)*100

10= (gain/228.5)

2285= gain

gain= SP-CP

2285 = SP- 22850

22850+2285=25135

therefore he should sell for rs 25135 so as to gain 10% profit

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