by selling a fan for ₹ 1200, karim loses ₹ 200, At what price must he sell it to gain 10% .. please explain ans is ₹1540
Answers
Answered by
10
⭐⭐⭐⭐⭐ ANSWER ⭐⭐⭐⭐⭐
❄ PROFIT ❄
✔ Profit occurs when selling price is greater than cost price (S. P. > C. P.)
✔ Profit = S. P. - C. P.
✔ Profit% = (Profit/C. P.) × 100%
❄ LOSS ❄
✔ Loss occurs when cost price is greater than selling price (C. P. > S. P.)
✔ Loss = C. P. - S. P.
✔ Loss% = (Loss/C. P.) × 100%
❄ SOLUTION ❄
Given, the S. P. Of fan = Rs. 1200
Let the C. P. Be Rs. X
Then, Loss = C. P. - S. P. = Rs. (X-1200)
Also, given Loss = Rs. 200
Therefore, X-1200 = 200
=> X = 1400
So, if C. P. = Rs. 1400
Gain = 1400×(10/100)
= Rs. (1400×0.1)
= Rs. 140
S. P. = C. P. + Gain = Rs. (1400+140) = Rs. 1540 (Ans.)
❄❄❄ ALWAYS BE BRAINLY ❄❄❄
❄ PROFIT ❄
✔ Profit occurs when selling price is greater than cost price (S. P. > C. P.)
✔ Profit = S. P. - C. P.
✔ Profit% = (Profit/C. P.) × 100%
❄ LOSS ❄
✔ Loss occurs when cost price is greater than selling price (C. P. > S. P.)
✔ Loss = C. P. - S. P.
✔ Loss% = (Loss/C. P.) × 100%
❄ SOLUTION ❄
Given, the S. P. Of fan = Rs. 1200
Let the C. P. Be Rs. X
Then, Loss = C. P. - S. P. = Rs. (X-1200)
Also, given Loss = Rs. 200
Therefore, X-1200 = 200
=> X = 1400
So, if C. P. = Rs. 1400
Gain = 1400×(10/100)
= Rs. (1400×0.1)
= Rs. 140
S. P. = C. P. + Gain = Rs. (1400+140) = Rs. 1540 (Ans.)
❄❄❄ ALWAYS BE BRAINLY ❄❄❄
Answered by
10
Answer:
1540
Step-by-step explanation:
Given, Selling price = 1200.
Given, Loss = 200.
We know that Cost price = Selling price + Loss
= 1200 + 200
= 1400.
Given,Gain = 10%.
We know that Selling price = [(100 + Gain%)/100] * CP
= [(100 + 10)/100] * 1400
= [110/100] * 1400
= 1540.
Therefore, Selling price = 1540.
Hope it helps!
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