Question

Ramesh buys an old TV set for RS 5000.and spent RS 500for it's repairing and he wants to sell it at a profit of 12 1 upon 2% find the price at which he should sell the set.

Answer 1

Step-by-step explanation:

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Answer 2

Price at wghich TV was bought = Rs.5000

Overheads in the form of transportation = Rs. 250

∴ The total cost price of the TV = (5000 + 250) = Rs. 5250

Selling price of the TV = Rs. 5075

SP < Cp ⇒ There is a loss and loss = CP - SP = 5250 - 5075 = Rs.175

∴ loss percentage = CPLoss(100)%=5250175(100)%

=310%=3.33%

∴ Rakesh incurred a loss of 3.33%

THIS IS THE ANSWER

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