a table was sold for rupees 2142 a gain of 5% at what price should it be sold to gain 10%
Answers
Answer:
Step-by-step explanation:
Selling price = Rs. 2142
Gain = 5 %
Let the cost price be Rs. x
Then according to the question.
⇒ x + (x*5)/100 = 2142
⇒ x + x/20 = 2142
⇒ (20x + x)/20 = 2142
⇒ 21x/20 = 2142
⇒ 21x = 2142*20
⇒ x = 42840/21
⇒ x = 2040
So, the cost price of the table is Rs. 2040
Now,
Gain needed = 10 %
So, the selling price = Cost price + gain
⇒ 2040 + (2040*10)/100
⇒ 2040 + 204
⇒ 2244
So, the shopkeeper should sell the table in Rs. 2244 to get a gain of 10 %
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Now Selling price = Rs2142
Gain=5%
let the cost price be x
Now,
=> x+5x/100 = Rs2142
=> x+x/20 =Rs 2142
=> (20x+x)/20 = Rs 2142
=> 21x/20 =Rs 2142
=> 21x =Rs 2142×20
=> 21x =Rs 42840
=> x= Rs 2040
so the cost price of table is Rs 2040
Gain needed=10%
so S.P = CP + Gain
=> SP = 2040 + (2040×10)/100
=> SP = 2040 + 204
=> SP = 2244
so,the shopkeeper sold the table at Rs 2244