Question

A man has profit of 15% by selling a table at rs.1035.if he sold the table at loss of 8%,at what price whould he sell?find it/

Answer 1

QUESTION : A man has profit of 15% by selling a table at rs.1035.if he sold the table at loss of 8%,at what price whould he sell?

WHAT TO FIND : AT WHAT PRICE SHOULD HE SELL TO OBTAIN LOSS OF 8%

SOLUTION :

PROFIT % = 15%

SP = ₹1035

CP = (100/100+GAIN%)×SP

= (100/100+15) ×1035

= (100/115)×1035

= ₹900

SP = (100-LOSS% /100) ×CP

=(100-8/100)×900

= 92/100×900

₹828

ANSWER : ₹828

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