Question

By selling an article for Rs 4224; a loss of 12% is made. At what price must it be sold in order to gain 7.5%?

Answer 1

Given:

Selling price = Rs 4224

Loss = 12%

To Find:

Price to sell so that there is a gain of 7.5%

Solution:

Find the selling price in percentage:

Cost Price = 100%

Selling Price = 100 - 12 = 88%

Find the cost price:

Selling Price = 88%

Selling Price = Rs 4224

88% = Rs 4224

1% = 4224 ÷ 88 = Rs 48

100% = 48 x 100 = Rs 4800

Find the profit needed:

Profit = 7.5% = 0.075

Profit = 0.075 x 4800

Profit = Rs 360

Find the selling price:

Selling Price = Cost Price + Profit

Selling Price = 4800 + 360

Selling Price = Rs 5160

Answer:  Rs 5160

Answer 2

Answer:

Answer Is 5160

Step-by-step explanation:

O.k. Friend