Question

latha bought a saree for Rs.750.
At what price should it be sold to
gain 20%.
​

Answer 1

Answer:

Step-by-step explanation:

750 + 20/100 x 750

=750 +150

=900

Answer 2

Latha should sell the saree at Rs.900 to gain 20%

Solution:

Given that latha bought a saree for Rs 750

Thus cost price = 750

Lets the selling price be "x"

We have to find the selling price so that Latha gains 20%

The formula for gain percentage is given as:

$\text { Gain percentage }=\frac{\text {selling price-cost price}}{\text {cost price}} \times 100$

$\begin{array}{l}{20=\frac{x-750}{750} \times 100} \\\\ {\frac{20 \times 750}{100}=x-750} \\\\ {150=x-750} \\\\ {x=150+750} \\\\ {x=900}\end{array}$

Thus she should sell saree at Rs 900

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