By selling a speaker for Rs768,man loses 20%.In order to gain 20%how much should he sell the speaker?
Answers
Answer:
Man should sell for Rs. 1152 to gain 20 %
Step-by-step explanation:
Finding cost price
Selling price (SP) = Rs. 768
Loss % (L) = 20 %
Cost price (CP) = (SP * 100)/(100 - L)
= (768 * 100)/(100 - 20)
= 76800/80
= 960
CP = Rs. 960
Finding SP when man gains 20 %
CP = Rs. 960
Gain % (G) = 20 %
Selling price (SP) = CP * (100 + G)/100
= 960 * (100 + 20)/100
= 96 * 120/10
= 96 * 12
= 1152
SP = Rs. 1152
∴ the man should sell for Rs. 1152 to gain 20 %.
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Answer:
Answer:
The Selling price required to make 20% is Rs. 1152.
Step-by-step explanation:
Given :
Selling Price = Rs. 768
Loss Made = 20%
To Find :
Selling price in order to have 20%
Solution :
Case I -
Selling Price = Rs. 768
Loss % = 20%
Cost Price = ??
\bigstar \: {\boxed{\sf\:{CP = \frac{100}{(100 - loss\%)} \times SP}}}
\sf{\longrightarrow} \: {CP = \dfrac{100}{(100 - 20\%)} \times 768} \\ \\ \sf{\longrightarrow} \: {CP = \dfrac{100}{80} \times 768} \\ \\ \sf{\longrightarrow} \: {CP = \dfrac{76800}{80}} \\ \\ \sf{\longrightarrow} \: {CP = 960}
Cost Price of the speaker = Rs. 960
\rule{300}{1.5}
Case II -
Cost Price = Rs. 960
Profit needed = 20%
Selling Price = ??
Selling Price = Rs. 1152
therefore The Selling price required to make 20% is Rs. 1152.
Step-by-step explanation: