Question

Dealer gain 15% by selling his goods for rupees 8050 rupees he decide to make a profit of only 10% what is the new selling price

Answer 1

ans is 7700 rupees..........

Answer 2

Answer:

The selling price is  Rs. 7700

Step-by-step explanation:

Given : Dealer gain 15% by selling his goods for rupees 8050 rupees he decide to make a profit of only 10%.

To find : What is the new selling price?

Solution :

Let CP of goods be Rs 100

SP = 100 +15= Rs 115

If SP is Rs 115 then CP = Rs 100

If SP is Rs 8050 then

$CP = \frac{100}{115}\times 8050$

$CP = \frac{100}{23}\times 1610$

$CP = 7000$

Now, Profit is 10%

$P = \frac{10}{100}\times 7000$

$P =700$

SP = Rs(7000-700)

SP= Rs 7700

Therefore, The selling price is  Rs. 7700