Question

By selling a washing machine for RS. 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:

Let the CP be 100C rs.

5% loss = (5/100)100C = 5C rs.

SP= CP-L

SP= 100-5 = 95 RS.

95C = 11400

C = 120

CP = 100 C = 12000 rs.

5% gain= (5/100)*12000 = 600Rs.

SP = 12000 + 600 = Rs. 12600.

Hence,he should sell the machine in Rs. 12600 to gain 5%.

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