Manisha sold an article at ₹306 and suffered a loss of 10% . To make a profit of 25% ,at which price she should sellthe article?
Answers
Let the cost price of the article be ₹100.
Then, selling price at a loss of 15 % = 100 - 15 = ₹85
Selling price for a gain of 9 % = ₹109
Difference between the two selling prices =
₹109 - ₹85 = ₹24
If the difference is ₹24, cost price = ₹100
If the difference was ₹30.60, cost price =
100 * 30.60 /24 = ₹127.50
Therefore, for making a gain of 10 % on cost price, he should have sold the item for ₹127.5 * 110 / 100
= ₹ 140.25 Answer
Check:
Cost Price = ₹ 127.50
Selling price at a loss of 15 % = ₹ 127.50 * 85 / 100
= ₹108.38
If he had sold it for ₹30.60 more, then, selling price
= ₹108.38 + ₹30.60 = ₹138.98
%Profit at this selling price ( ₹138.98) =
(138.98 - 127.50) * 100 / 127.50 = 11.48 * 100 / 127.50
= 9.00% ✓
Selling price for 10 % profit = 127.50 * 110 / 100
= ₹140.25 ✓
Answer:
Rs 425
Step-by-step explanation:
Selling price of article = Rs 306
She suffered a loss of 10%
Let the cost price be x
x - (10*x)/100 = 306
x - x/10 = 306
9x = 3060
x = Rs 340
Cost price = Rs 340
To make a profit of 25%, she needs to sell the article for 25% more of the cost price
25/100 * 340 = 85
25% of 340 = 85
So, to sell article she needs to sell article for Rs 340 + 85
= Rs 425