Question

(c) An article is bought for Rs. 5,700 and Rs. 1,300 is spent on its repairing, transportation, etc. He sold to for Rs. 8,400. Find his gain or loss%.​

Answer 1

Answer:

Rs.8400 to gain 20%.

Step-by-step explanation:

Let x be the selling price of article.

Total money spent on the article = 5700 + 1300= 7000

According to the question-

x = 7000 +   100  / 20   ×7000

⇒x = 7000 + 1400 = Rs.8400

               

Hence the article should be sold at Rs.8400 to gain 20%.