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

Step-by-step explanation:

S.P = 5700Rs

Loss = 5%

$\frac{5}{100} \times 5700 = 285rs$

C.P = 5700+285

= 5985rs

To gain a profit of 15%

$cp = 5985 + 5985 \times \frac{15}{100 } \\ = 5985 + 897.75 \\ = 6882.75$

The man has to sell his car for Rs6882.75 to gain a profit of 15%

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