Question

A radio was sold for ₹680 at a loss of ₹ 120.at what price should it be sold to earn a profit of ₹120

Answer 1

Sold Rs. 680
Loss Rs. 120
Total Price Rs. 680+120=800
Profit Rs 120
Sale in Rs. 800+120=920

Answer 2

Given:

A radio was sold for Rs.680 at a loss of Rs.120

To Find:

At what price should it be sold to earn a profit of Rs.120

Solution:

Selling price of Radio = Rs.680

Loss = Rs.120  

CP = SP+Loss

CP = 680+120

CP=800

So, Cost price of Radio = Rs.800

Now, Profit = Rs.120

SP = CP +Profit

SP=800+120

SP=Rs.920

Hence it should be sold at Rs.920 to earn a profit of Rs.120.