Question

On selling a briefcase for Rs 750 ,Nakul suffers a loss of 6¼% . At what price should he sell it to gain 15%​

Answer 1

Given :

• On selling a briefcase for Rs 750.
• Nakul suffers a loss of 6¼% .

To find :

• At what price should he sell it to gain 15% =?

Step-by-step explanation :

SP= ₹750

Loss= 10%

CP = 100/100-L% ×SP

= 100/100-10 ×750

= 100/90 ×750

= ₹833.34

Gain= 5%

SP= 100+G%/100 ×CP

= 100+5/100 ×833

=105/100×833

= ₹875

Therefore, the new selling price of mobile is ₹ 875.