Question

A person incurs 5% loss by selling a laptop for $1140
At what price should the laptop be sold to earn 5% profit?​

Answer 1

$\large\boxed{Hello\:Mate}$

A person incurs 5% loss by selling a laptop for $1140

At what price should the laptop be sold to earn 5% profit?​

Answer:

$1260

Step-by-step explanation:

Given,

SP = $1140

Loss% = 5

⇒ $C.P=\frac{100*S.P}{(100-Losspercent)}$

⇒ $C.P=\frac{100*1140}{100-5}$

⇒ $C.P=\frac{100*1140}{95}$

⇒ C.P = $1200

To gain 5% profit

⇒ $S.P=[\frac{100+profitpercent}{100} ]*C.P$

⇒ $S.P=[\frac{100+5}{100} ]*1200$

⇒ $S.P =\frac{105}{100} *1200$

⇒ S.P = $1260

∴ The laptop should be sold for $1260 to gain 5% profit

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