Question

Kiara buys a calculator for 720 and sells it at a loss of 5%. How much does she sell it for? At what price should she sell it to make a profit of 6%?​

Answer 1

Answer:

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Step-by-step explanation:

Given

Kiara buys a calculator for ₹720

Sell the calculator in 5% loss

Selling Price = ?

Selling price = {(100 - loss%)/100} × cost price

Selling price = {(100 - 5%)/100} × 720

Selling price = 95/100 × 720

Selling price = 0.95 × 720

Selling price = 684

Selling price = ₹684

At ₹684 she should sell it to make a loss of 5%.

________________________________

To make profit of 6%

Selling price = {(100 - loss%)/100} × cost price

Selling price = {(100 + profit%)/100} × cost price

Selling price = {(100 + 6%)/100} × 720

Selling price = 106 / 100 × 720

Selling price = 1.06 × 720

Selling price = 763.2

Selling price = ₹763.2

At ₹763.2 she should sell it to make a profit of 6%.