By selling a bicycle for ₹ 819,vinay loses 9%.at what price should he sell it to make profit of 5%?
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By selling a bicycle for RS 819 , Vinay loses 9 %. At what price should he sell it to make a profit of 5 %.
Answer :-
➹ Selling price = 819 Rs.
➹ Lose percent = 9 %
✦ Price at which he sell and get profit of 8 percent .
By using formula :-
➹ CP → SP × 100 / 100 - loss %
Substituting the values in the required formula :-
↠819 × 100 / 100 - 9 %
↠ 819 × 100 / 91
↠9 × 100
Now , we find selling price
➹SP → CP × 100 + profit % / 100
On putting the given values in the formula, we get
As according to the given :-
↠ 900 × 100 + 5 % / 100
↠ 900 × 105 / 100
↠ 9 × 105
Hence ,
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