Question

deepak sold a study table for rs 2231 at a loss of 3%.At what price should he sell it so as to gain 5%?

Answer 1

hey!!

here is your answer...

Deepak sold at the rupees = 2231

which means that , the selling price is 2231.

loss % = 3%

what shall be the selling price for 5% profit% .

we will have to find the Cost price first.

as we know, loss % is

$loss \: percent \: = \frac{cp - sp}{cp} \times 100$

lets take Cost price as X

X - 2231/X *100 = 3

= > 100X - 223100/X = 3

=> 100X - 223100 = 3X

97 X = 223100..

X = 223100/97
CP is 2300..

5% profit

profit % =SP - CP/cp * 100

cp is 2300..

take sp as Y

5 = y - 2300/2300 * 100

5 = 100y -230000/2300

2300*5 = 100y - 230000

11500 = 100y - 230000

11500 + 230000 = 100 y

241500 = 100y

y = 241500/100

y = 2415..

so, the object has to be sold at rupees 2415 to get a profit of 5%

hope it helps!

Answer 2

Answer:

2415

Step-by-step explanation:

deepak sold study table for Rupees -2231

AT a loss of- 3%

then cp would be 100÷(100-loss %)×sp

100÷97×2231=rupess 2300

CP -2300

p%= 5%

sp=(100+p%)÷100 × CP

105÷100×2300=rupees 2415