by selling an article for rs 640rs,a person loses 15% of its selling price. at what price should he sell it to gain 15% on its cost price?
Answers
Answer: 1380
Step-by-step explanation:
Given cost price of the book = $100
Profit% = 10%
We know, Selling Price = Cost Price [100+ProfitPercentage]
= 100 (100+10100)
= 100 (110100)
= 100×110100
= $110
Therefore, the selling price of the book is $110.
2. John bought a music system for $260. For how much should he sell the music system to gain 10%?
Solution:
Given cost price of the music system = $260
Gain% = 10%
We know, Selling Price = Cost Price [100+GainPercentage100]
= 260 (100+10100)
= 260 (110100)
= 260×110100
= $286
Therefore, he should sell the music system for $286.
3. Robert bought a machine for $1200 and sold it at a profit of 15%. Find the selling price of the machine.
Solution:
Given cost price of the machine = $1200
Profit% = 15%
We know, Selling Price = Cost Price [100+ProfitPercentage100]
= 1200 (100+15100)
= 1200 (115100)
= 1200×115100
= $1380
Therefore, the selling price of the machine is $1380.