Question

By selling a washing machine for ₹ 11400, a dealer loses 5%. For how

much should he sell this machine to gain 5%?​

Answer 1

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%

Hope helped

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