By selling a sofa set for Rs.10240 Ajay incurred a loss of 20% . If he wanted to make a profit of 8% at what price should he have sold it . Pls answer pls
Answers
Answered by
36
Answer:
13824
Step-by-step explanation:
Given, Selling price = 10240.
Given, Loss = 20%.
Let the cost price be 'x'.
∴ Selling price = Cost price - Loss
⇒ 10240 = x - (20x/100)
⇒ 10240 = 80x/100
⇒ 1024000 = 80x
⇒ 12800 = x.
Hence, the cost price is 12800.
Given, Profit = 8%.
∴ Selling price = [(100 + gain%)/100)] * CP
= [(100 + 8)/100] * 12800
= (108/100) * 12800
= 13824.
Therefore, Selling price of the sofa set = 13824.
Hope it helps!
SanaSinghrocks:
Yes . Thank u
Answered by
5
sp of sofa=10240rs
ronie had loss of 20%
cp of sofa=100/100-loss%*sp
=100/100-20*10240=100/80*10240=
12800 rs
so sp when she wanted to gain 6%=
sp= 100+gain%/100*cp
=100+6%/100*12800=106/100*12800
=13568
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