Aadesh bought an article for 750. Find its selling price if it is sold at
(0) 14% profit (ii) 6% loss
Answers
Answer:
i) 855
ii)705
Step-by-step explanation:
Ans i ) 14÷100×750=105
750+105=855
Ans ii ) 6÷100×750=45
750-45= 705
At 14% profit, the selling price was Rs. 855 and at 6% loss, the selling price was Rs. 705.
Given:
Aadesh bought an article for 750.
To Find:
We have to Find its selling price if it is sold at (i) 14% profit and (ii) 6% loss.
Solution:
(i) We know that Aadesh had 14% profit.
Let us assume,
Aadesh bought an article of Rs.100, which he sold for Rs. 114
So, he bought an article of Rs.1, which he sold for Rs.
So, he bought an article for Rs.750, which he sold for Rs.
(ii) We know that Aadesh had 6% loss.
Let us assume,
Aadesh bought an article for Rs.100, which he sold for Rs. 94.
So, he bought an article of Rs.1, which he sold for Rs.
So, he bought an article for Rs.750, which he sold for Rs.
Hence, at 14% profit, the selling price was Rs. 855 and at 6% loss, the selling price was Rs. 705.
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