if 30% is lost by selling a sofa set for 980 , at what price must it be sold to gain 10%? Plz anyone tell its solution with profit and loss formulas
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Answered by
20
I hope this helps..............
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luckkhan1:
Not getting from where this 7 came? 7x how?
10x/10-3x/10=980
7x/10=980
Answered by
19
Let the c.p.=100
loss is of 30%
so, s.p= 70
now,find c.p.=100/70*980
solving this c.p. will be 1400
he want to gain 10%
now let the c.p.=100
and s.p. will be =110
so, selling price to gain 10%is =110/100*1400
answer is 1540.
loss is of 30%
so, s.p= 70
now,find c.p.=100/70*980
solving this c.p. will be 1400
he want to gain 10%
now let the c.p.=100
and s.p. will be =110
so, selling price to gain 10%is =110/100*1400
answer is 1540.
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