Question

A man's sell a dining table for rupppes 12,750,thereby suffers a loss 15 percent. At what price should he have sold to get 10 percent profit

Answer 1

Answer:

Rs.16500

Step-by-step explanation:

Selling price of dining table = 12750

Loss % = 15%

Formula : $CP = \frac{SP \times 100}{100-l\%}$

$CP = \frac{12750 \times 100}{100-15}$

$CP =15000$

Gain% = 10%

Gain = $\frac{10}{100} \times 15000=1500$

SP = CP +Gain = 15000+1500 =16500

So, He should sell Rs.16500  to get 10 percent profit