Question

By selling a bicyclle for rupee 819,vinay loses 9 percent. At what price should he sell it to make a profit 5 percent

Answer 1

Answer:

In order to sell that bicycle at a profit of 5% he sould have sell it at 945/- RS.

Step-by-step explanation:

Let the C.P. of that bicycle be x.

Now, since vinay losses 9%. Therefore, his loss would have been 9% of x = 9x /100

We know that, if their is a loss than,

S. P. + LOSS = C.P.

Therefore, S.P. = C.P. - LOSS --------- (1)

Now, we have S.P. = 819, C.P. = x and LOSS = 9x /100.

Substituting all these values in (1) we get

819 = x - (9x / 100)

819 = (100x - 9x) / 100

81900 = 91x

x = 81900 / 91

x = 900

Therefore, we have our C.P. of that bicycle as 900/-.

So, in order to make a profit of 5% on this bicycle having C.P. of 900/-. We would have to first find 5% of 900 and then add this to 900. We have done this because we want a profit of 5% on this bicycle.

So, 5% of 900 = 5 / 100 * 900

= 45

Now, we would add this to the C.P. of that bicycle.

So, 900 + 45 = 945/-

HOPE IT HELPS YOU