Question

A table was sold for Rs. 2,142 at a gain of 5%. At what price should it be sold to gain 10%.

Answer 1

Step-by-step explanation:

95%of x=2142

x=100*2142/95=2254.73

s.p=110%of2254.73

=2480.203

Answer 2

Answer:

Step-by-step explanation:

Selling price of the table = Rs. 2142 (Given)

Gain = 5% (Given)

Let the cost price be = x

According to the question.

= x + (x × 5)/100 = 2142

= x + x/20 = 2142

= (20x + x)/20 = 2142

= 21x/20 = 2142

=  x = 42840/21

= x = 2040

Thus, the cost price of the table = 2040

Gain required = 10 %

Selling price = Cost price + gain

= 2040 + (2040 × 10)/100

=  2040 + 204

= 2244

Therefore, the table should be sold at a price of 2244/-