Question

By selling bouquets for ` 63, a florist gains 5%. At what price should he sell the bouquets to gain 10% on the cost price?

Answer 1

The answer is here Sir
.
5% gain means 105 whereas 10 % gain means 110 when CP is 100
.
So,
.
105=63
.
1=63/105
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110=63/105×110=66
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So the florist should sell at Rs.66 to make a profit of 10% on the CP.

Answer 2

Let the buying price be x.

If it is sold at a 5% gain the selling price will be :

1.05x

now the selling price = 63

1.05x = 63

x = 63/1.05 = 60

The selling price in order to gain 10% will be :

110/100 × 60 = 66

= 66