a table was sold for 2142.at a gain of 5% at what should be it sold to gain 12%
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Answer:
The table should be sold at ₹2652 to gain 12 %
Explanation:
selling price = ₹ 2142
gain = 5%
Let the cost price be ₹ X
then , according to the question
X + X × 5 / 100 = 2142
X + 5X / 100 = 2142
X + X / 20 = 2142
21X / 20 = 2142
21X = 2142 × 20
21X = 42840
X = 42840 / 21 = 2040
so the cost price is 2040
Now, we find the selling price to gain 12%
So, selling price = cost price + gain
sp = 2040 + 2040 × 12 / 100
sp = 2652
therefore, sp is ₹ 2652
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