Question

if an object is sold at Rs.500,there is a loss of 5%.At what price it should be sold to gain a profit of 5%​

Answer 1

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Answer 2

Answer:

the Selling price of the object equals Rs.500

5% loss of 500 = 5/100 × 500 =

Cost price = Selling price + loss = 500 + 25 = 525

Profit % = 100 × Profit/Cost Price

5% = 100 × profit / Cost Price

5/100 = 100 × profit / C.p.

20 = 100 × profit/525

20/100 ×525 = Profit

1/5 ×525 = Profit

Profit = 105