Question

by selling a bicycle for rupees 819 Vineet losses 9% at what price should he sell it to make a profit of 5%. (940 is the answer)
plz give me the formula...

Answer 1

sp of bicycle=rs819

loss%=9%

cp of bicycle=100/(100-9)*sp

=>100/91*819 = 100*9 =900rs

required p%=5%

therefore new sp=(100+5)/100*900

=>105/100*900= 105*9 = 945rs

Answer 2

Hope it helps you......