Question

a person sold a stove at rs 423 and incurred a loss of 6%. at what price would it be sold so as earn a profit 8%?

Answer 1

Answer:

x - 6% of x(actual price) = 423

x-6x/100 =423

94x/100 =423

x = 42300/94  = 450

IF it was sold to earn 8% PROFIT, then

x + 8% of x = NEW PRICE

NEW PRICE = 108x/100 = 108 multiply 450 /100

NEW PRICE = Rs. 486

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Answer 2

Answer:

427.68Rs/-

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