Rita bought a watch for Rs.950. For how much should she sell it to gain 10% ?
(2 Points)
Rs.1000
Rs.960
Rs. 1015
Rs. 1045
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Step-by-step explanation:
cost price = 950
Let sale price be a
profit = sale price - cost price
= a - 950
profit % = profit × 100 / cost price
10 = ( a - 950 ) x 100 / 950
10 ( 950 ) / 100 = a - 950
95 = a - 950
950 + 95= a
1045 = a = sale price
sale price = Rs 1045
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