Question

Mr Akshay sold for rupees 20400 with a loss of 15% at what price should the bus was sold to get a profit of 15%​

Answer 1

$cp = sp \times 100 \div (100 - loss percent )$

CP = 20400 × 100/(100-15)

CP = 2040000/85

CP = 24000

$sp = cp(100 + profit \: percent \div 100)$

SP = 24000(100 + 15/100)

SP = 24000(115/100)

SP = 24000(23/20)

SP = 24000 × 23/20

SP = 1200 × 23

SP = 27600

SP of bus with 15% profit will be 27600 ruppees.