By selling a table for Rs. 1260, the seller loses 10%. At what price should he sell it so as to gain 25%
Answers
Answer:
Given, S.P=144
Lose =10 % of CP=
100
10
CP
∴SP=90%ofCP=
100
90
CP
100
90
CP=144⇒CP=160Rs.
For gaining 10 %
Profit=
100
10
×160=16Rs.
∴S.P=160+16=176Rs.
Answer :
The selling price will be 1750 to get a profit of 25%
Step-by-step Explanation :
Given : selling price = 1260
Loss percentage = 10%
Profit Expected = 25%
To find : selling price to get a profit of 25% = ?
It is given that,
S.P of table = 1260 Rs
Loss = 10%
Therefore,
C.P = 100/100 - Loss percentage × S.P
= 100/100-10 × 1260
= 100/90 × 1260
= 126000/90
= 1400
C.P of table is Rs 1400
It is given in the problem that Profit expected 25%
C.P = 100/100 + profit percentage × S.P
1400 = 100/100+25 × S.P
1400 = 100/125 × S.P
1400 × 125/100 = S.P
S.P = 1750
Thus, the selling price will be 1750 to get a profit of 25%