Question

By selling an article for Rs 810; a man loses 10%. At what price should he sell it in order to gain 8 %.

Answer 1

Answer:

the answer is above ok

Answer 2

Concept introduction:

Simply put, a gain is a rise in an asset's worth, whereas a loss is a decrease in worth. It is possible to distinguish between recognized and hidden gains and losses. If the achieved price does not exactly match the amount paid, investors either make a profit or a loss whenever they sell an asset.

Given:

Here it is given that he sells the article for Rs. $810$.

He losses $10$%.

To find:

We have to find at what price should he sell it in order to gain $8$ %.

Solution:

According to the question,

He losses  $10$% by selling it at the price of Rs.  $810$

So, the actual price of the article is $900$.

Now, he want to sell in order to gain  $8$ %.

So he have to sell it at the price of

$900*\frac{108}{100} \\=972$

Final answer:

So, the final answer of the question is => Rs. $972$.

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