Question

By selling a camera for Rs. 5640 Sapna lost 6% . At what price should she sell it to gain 5%?

Answer 1

Given SP of camera = 5640

Loss percent = 6

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CP of the camera = 100/(100-L%) * SP

= 100/(100-6) * 5640

= 100/94 * 5640

= 564000/94

= 6000

Hence we got CP = 6000

Now, we need to sell it at a profit of 5%

Hence SP = (100+P%) / 100 * CP

= (100+5) / 100 * 6000

= 105/100 * 6000

= 6300

Hence our SP = Rs. 6300

Answer 2

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