By selling a wooden sheet for rupees 23 a man suffers 8% loss what should he sell it so as to gain 30% profit
Answers
To take the profit of 30%, seller should sell it at 32.5 Rs
Step-by-step explanation:
Let the cost of chair be x.
loss = 8% of C.P = 8% of x = 8x/100 = 2x/25
Sold price = Cost Price - loss
23 = x - (2x/25)
23 = (25x - 2x) / 25
575 = 23 x
x = 575/23
x = Rs 25
Therefore,
S .P = C.P + 30% of cost price.
=> S.P = 25 + 30/100 × 25
=> S.p = 25 + 0.3 x 25
S.p = 25 + 7.5
S.P = 32.5 Rs
To take the profit of 30%, seller should sell it at 32.5 Rs
Also learn more
The cost of 10 pens is 500. 2 pens are sold at 40 each. At what price should the remaining pens be sold so as to gain 20% on the whole?
https://brainly.in/question/13271415
Answer :-
To take the profit of 30%, seller should sell it at 32.5 Rs
Step-by-step explanation:
Let the cost of chair be x.
loss = 8% of C.P = 8% of x = 8x/100 = 2x/25
Sold price = Cost Price - loss
23 = x - (2x/25)
23 = (25x - 2x) / 25
575 = 23 x
x = 575/23
x = Rs 25
Therefore,
S .P = C.P + 30% of cost price.
=> S.P = 25 + 30/100 × 25
=> S.p = 25 + 0.3 x 25
S.p = 25 + 7.5
S.P = 32.5 Rs
To take the profit of 30%, seller should sell it at 32.5 Rs
Also learn more
The cost of 10 pens is 500. 2 pens are sold at 40 each. At what price should the remaining pens be sold so as to gain 20% on the whole?