Answer the 16&17 Question with formulas
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Q.16)Let the original price at which it was bought be x or 100%,Since he sold it at a loss of 5% he must have sold it for 100%-5%=95% of x
and if it was sold for 260 more he would get a profit of 15% which must be 100%+15% =115% of x.
Then,95% of x + 260 = 115% of x
And after solving this equation using bodmas.We get x = 1300.Now the question says to calculate the selling price which is 95% of x=>95/100 × 1300 = 1235 is your answer.
Hopefully you can solve the Q.17 because it is similar to Q.16...
and please don't look for formulas or easy solutions,just understand the concepts which will help you later.
Have a nice day.
and if it was sold for 260 more he would get a profit of 15% which must be 100%+15% =115% of x.
Then,95% of x + 260 = 115% of x
And after solving this equation using bodmas.We get x = 1300.Now the question says to calculate the selling price which is 95% of x=>95/100 × 1300 = 1235 is your answer.
Hopefully you can solve the Q.17 because it is similar to Q.16...
and please don't look for formulas or easy solutions,just understand the concepts which will help you later.
Have a nice day.
Anandhu04:
its wrong
answer us 1300 and i got how to
well thanks for answering so i give you thanks
oh,sorry..I thought we had to calculate the selling price.Just remove that selling price part.
it was cp (purchase price)
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