By selling a washing machine for ₹11400,a dealer loses5percent for how much should he sell the machine to gain 5 percent
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29
Answer:
Rs 12600
Step-by-step explanation:
By selling a washing machine for ₹11400,a dealer loses5percent
Let say Cost Price = 100C Rs
5% Loss = (5/100)100C = 5C Rs
Selling Price = Cost Price - Loss
=> Selling Price = 100C - 5C = 95C Rs
95C = 11400
=> C = 120
Cost Price = 100C = 12000 Rs
5% Gain = (5/100)*12000 = 600 Rs
Selling Price = 12000 + 600 = Rs 12600
he should sell the machine in Rs 12600 to gain 5%
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