Question

amit buy umbrella for ₹180 and losses 10% at what price must he sell to gain 5%​

Answer 1

Answer:

▪︎Given:

Cost price of the umbrella = ₹ 180

For this selling price losses is = 10 %

▪︎To find:

For how much money Amit should buy the umbrella to gain 5 % profit .

▪︎Taken:

To find selling price:

$SP=\frac{100+Pr}{100}×CP$

Where,

SP = Selling price

Pr = Profit percent

CP= Cost price

▪︎Solution:

$\implies{SP=\frac{100+5}{100}×180}$

$\implies{SP=\frac{105}{100}×180}$

$\implies{SP=105×1.8}$

$\implies{SP=189}$

▪︎Answer:

So , he has to sell the umbrella at ₹189 to gain 5 % profit .

▪︎Extra information:

To find loss percent:

$Lr=100×\frac{L}{CP}$

To find profit percent:

$Pr=100×\frac{P}{CP}$