By selling a radio for Rs. 570 I would lose 5percent. At what price should I sell it to gain 5percent. Describe the formula which you are using. Plzz...
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let ur original cp be X
to sell it at a loss of 5% means 5X/100
therefore Selling price would be cost - loss
X - 5X/100 = 570
solve this.. answer of X is 600
then 5% profit is 600×5/100 = 30
therefore Selling price is 630
to sell it at a loss of 5% means 5X/100
therefore Selling price would be cost - loss
X - 5X/100 = 570
solve this.. answer of X is 600
then 5% profit is 600×5/100 = 30
therefore Selling price is 630
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