by selling a bicycle for rupee 1638, ishita loses 9 percent at what price should she sell it to make a profit of 15 percent?
Answers
Answer:
She should sell it at Rs 2070 to make a profit of 15 percent.
Step-by-step explanation:
Given:
Selling price of bicycle = Rs 1638
Loss = 9%
Formula to find cost price when selling price and loss percent is given:
Cost price = (Selling price × 100)/(100 - loss%)
Cost price = Rs (1638 × 100)/(100 - 9)
Cost price = Rs 163800/91
Cost price = Rs 1800
Now, Formula to find selling price to make a profit of 15%:
Selling price = Cost price(100 + profit%) / 100
Selling price = Rs 1800(100 + 15)/100
Selling price = Rs 18 × 115
Selling price = Rs 2070
Answer:
Given :-
- By selling a bicycle for Rs 1638, Ishita loses 9%.
To Find :-
- What is the price she sell it to make a profit of 15%.
Formula Used :-
➤ To find Cost Price or CP we know that,
★ CP = 100(100 - Loss%) × SP ★
➤ To find Selling Price or SP we know that,
✯ SP = (100 + Profit%)/100 × CP ✯
Solution :-
➦ First, we have to find the Cost Price or CP,
Given :
- Selling price = Rs 1638
- Loss% = 9%
According to the question by using the formula we get,
⇒ CP = 100/(100 - 9) × 1638
⇒ CP = 100/(91) × 1638
⇒ CP = 100/91 × 1638
⇒ CP = 100 × 18
➠ CP = Rs 1800
Hence, the cost price is Rs 1800
➦ Now, we have to find the selling price or SP,
Given :
- Profit = 15%
- Cost Price = Rs 1800
According to the question by using the formula we get,
↦ SP = (100 + 15)/100 × 1800
↦ SP = (115)/100 × 1800
↦ SP = 115/100 × 1800
↦ SP = 115 × 18
➠ SP = Rs 2070
∴ The price she sell it to make a profit of 15% is Rs 2070 .