Question

On selling a cycle for Rs. 12000, a dealer loses 4%. For how much should he sell it to gain 10%​

Answer 1

Answer:

13750

Step-by-step explanation:

Given that selling price of cycle is 12000 and loss Percentage is 4%

C.P. = 100/100-LOSS% × S.P.

= 100/100-4 × 12000

= 12500

To Get 10% Profit , He must sell for

= 100+ gain% / 100 × C.P.

=110/100 × 12500

=13750

Answer 2

Answer:

He should sell it for Rs. 13730(approx.) to gain 10%.

Explanation:

4 % of 12000 is 480

Hence, 12480 is the actual price of the cycle. (12000+480=12480)

10% of 12480 is 1248

Hence, 13700 is the price for which he should sell it. (12480 + 1248 = 13728)