Question

Rahul spent Rs. 5,200/- on buying an old monitor. He spent Rs. 1,300/- on installing antivirus and Rs. 1,200/- on installing some new software in it. After one month Rahul planned to sell it off. He suffered a loss of 4 %. Find the price at which he sold it. What would have been the selling price to gain a profit of 8 %?

Answer 1

$\fontsize{18}{10}{\textup{\textbf{The required SP is 8316}}}$

Step-by-step explanation:

Total effective cost price for Rahul= 5200+1300+1200

=7700

Selling price at 4% loss= 7700-4% of 7700

=7700-4*7700/100

=7700-308=7392

Again, to gain 8%, the SP should be 7700+8%of 7700

=7700+2*308   (since 4% is 308, so 8% will be 2*308)

=7700+616

=8316