Question

Mr. sharma buys a cooler for R. s 4500 for how much should he sell so that there is a gain of 8 %​

Answer 1

Answer:

4860

Step-by-step explanation:

Mr Sharma buys cooler =₹2500

He must have to get 8% gain

His profit on cooler will be = 8% of 4500

= 8

100 ×4500

= ₹360

There fore selling price of cooler = buying price + profit

=4500+360

= 4860

Answer 2

Mr. Sharma should sell the cooler for Rs. 4860

Given :

Mr. Sharma buys a cooler for Rs. 4500

To find :

The price at which Mr. Sharma should sell the cooler to gain 8%

Solution :

Step 1 of 2 :

Calculate gain amount to be achieved

Mr. Sharma buys a cooler for Rs. 4500

Mr. Sharma wants to gain 8%

∴ The gain amount to be achieved

$\displaystyle \sf = Rs. \: 4500 \times \frac{8}{100}$

$\displaystyle \sf = Rs. \: 360$

Step 2 of 2 :

Calculate price at which Mr. Sharma should sell the cooler

The price at which Mr. Sharma should sell the cooler

= Cost price + Gain amount

= Rs. 4500 + Rs. 360

= Rs. 4860

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