please solve with the formula of the answer and do 4 and 5 number
Answers
4.Peter bought an article for Rs 1215
he spent Rs 35 on its transportation
so total money spent by him = 1215+35=1250
price at which he should sell the article to gain 16% = 1250×16/100
=Rs 200
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Answer:
(Q.1.) Let the selling price of the article be Rs.x.
Cost price of the article =Rs.1215
Money spent on transporting =Rs.35
Therefore,
Total cost price of the article =1215+35=Rs.1250
Now according to the question-
x=1250+16% of 1250
x=1250+
100
16
×1250
⇒x=1250+200=1450
Hence to gain 16%, he should sell the article for Rs.1450.
____________________________________
(Q.2.)Let the C.P. be Rs.x
S.P. =Rs.30
Profit %=25%
Now, according to question-
x+25% of x=30
x+ 25/100x=30
⇒x+ 1/4x=30
⇒5/4x=30
⇒x=30× 4/5
⇒x=24
Hence the dealer paid Rs.24 for the chair.