Question

if a fan is sold for rupees 1080 there is a loss of 10% at what price should it be sold to have profit of 6 1/4 percent

Answer 1

Let fan s price is X

X-(X×10)/100= 1080

9X/10= 1080

X= 1200

For getting 25/4% profit

1200 + 1200 ×(25/ 4×100)

=1200 + 75

=1275

So price should be Rs.1275.