Question

a man sold his car for 5700 with a loss of 5% at what price should he have sold his car to gain a profit of 15%?​

Answer 1

Answer:

The price of the car to gain profit of 15% is 6,840

Answer 2

Let x be the C.P of Car.

Loss = 5%

x - 5x/100 = 5700

95x = 570000

x = 6000

C.P = 6000

In order to gain 15% we have

S.P = 6000 + (15/100 × 6000)

= 6000 + 900

S.P = 6900