Mayank buys a washing machine for rs 6800 For how much should he sell it so as (a) gain 10% (b) loss 5%
Answers
GIVEN :-
- Mayank buys a machine for Rs. 6800.
TO FIND :-
- The selling price at gain of 10%.
- The selling price at loss of 5%.
SOLUTION :-
✭ When loss of 5%,
➟ Selling price = Cost price × (100 - loss%)/100
➟ Selling price = 6800 × (100 - 5)/100
➟ Selling price = 6800 × 95/100
➟ Selling price = 68 × 95.
➟ Selling price = Rs. 6460
✭ When profit of 10%,
⇢ Selling price = Cost price × (100 + gain%)/100
⇢ Selling price = 6800 × (100 + 10)/100
⇢ Selling price = 6800 × 110/100
⇢ Selling price = 68 × 110
⇢ Selling price = Rs. 7480
Hence selling price is 7480 (at 10% gain) and 6460 (at 5% loss).
- Mayank buys a washing machine for Rs.6800 .
- The selling price at
- Gain 10% .
- Loss 5% .
✞︎ It is given that,
- Cost price of washing machine () = Rs.6800
(a) Selling price of washing machine as to gain 10% on it is,
The selling price of washing machine after 10% of gain is "Rs.7480" .
(b) Selling price of washing machine as to loss 5% on it is,
The selling price of washing machine after 5% of loss is "Rs. 6460" .