Question

By selling an article for Rs368, I lose 8%. At what price should it be sold , to gain 10%?

Answer 1

$\huge{\mathfrak {Solutions :-}}$

Given :

Selling price = Rs 368
Loss = 8 %

Find the cost price of an article :-

C.P = (S.P × 100)/(100 - loss)
= (368 × 100)/(100 - 8)
= 36800/92
= 400

So, Cost price of an article = Rs 400

Find the Selling price of an article to gain 10% :-

S.P = C.P + Profit % of C.P
= 400 + 10% of 400
= 400 + 0.10×400
= 400 + 40
= 440

Hence,
The Selling price of an article to gain 10% is Rs 440

Answer 2

Solutions :-


We have,

Selling price of an article = Rs 368
Loss percent = 8 %
Cost Price of an article = ?

Find the cost price :-

C.P = (S.P × 100)/(100 - loss)
= Rs (368 × 100)/(100 - 8)
= Rs 36800/92
= Rs 400



Find the Selling price of an article to get a profit of 10%

S.P = C.P + Profit % of C.P
= 400 + 15% of 400
= 400 + 0.15×400
= 400 + 60
= 460


Answer : The Selling price of an article to get a profit of 10 % = Rs 460