On selling a bed for Rs 10800,a carpenter losses 10 %.For what amount should he sell it to gain 5%.
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Answer:
If S.P=10,800
Loss is 10%
⇒10,800 is 90% of C.P
⇒
100/90 ×C.P = 10,800
C.P= 10800×100 ÷ 90
∴C.P=12,000
Gain has to be 5%
5% of C.P= 5/100 ×12000=600
This selling price should be 12,000+600=Rs. 12,600/-
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