Question

a radio is sold for Rs 880 at a loss of 12%.At what price should it be sold to gain of 10%​

Answer 1

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Answer 2

Answer:

ANSWER

Given : Selling Price (SP) =880 Rs. and Loss Percentage =20%

Let's assume cost price (CP) =x Rs.

We know that, SP=CP−

100

CP×Loss Percentage

⇒880=x−

100

x×20

=

5

4x

⇒x=

4

880×5

=1100

∴SP=1100 Rs

Now, for a gain of 10%,

SP=CP+

100

CP×Profit Percentage

=1100+

100

1100×10

=1210 Rs