by selling an article for rupees 322a seller loses 10percentage at what price must be sell it to gain 5 percentage
please send the answer
Answers
Step-by-step explanation:
Given :-
By selling an article for Rs.322 a seller loses 10%
To find :-
At what price must be sell it to gain 5% ?
Solution :-
Given that
Selling Price of an article = Rs. 322
Loss % on it = 10%
We know that
Cost Price = (100×SP)/(100-l)
=> Cost Price = (100×322)/(100-10)
=> Cost Price = 32200/90
=> Cost Price = 3220/9
The Cost Price of the article = Rs. 3220/9
Now,
Gain on it = 5%
Now,
Selling Price = [(100+g)×CP]/100
=> Selling Price = (100+5)×(3220)/(100×9)
=> Selling Price = (105×3220)/900
=> Selling Price = 105×322/90
=> Selling Price = 33810/90
=> Selling Price = 3381/9
=> Selling Price = 375.666...
=> Selling Price = Rs. 375.67
Answer:-
Desired Selling Price of the given article is Rs. 375.67
Used formulae:-
→Selling Price = [(100+g)×CP]/100
→ Cost Price = (100×SP)/(100-l)
Answer:
answer for this question is = 375.66