Math, asked by manshamansha, 8 months ago

Riya sells an almirah for 2640 and had a loss of 12%. what should be selling price to have profit of 12%

Answers

Answered by nmchopra
0

Answer:

Rs 3360

Step-by-step explanation:

Let us denote the cost price as CP, the selling price as SP

Given: SP = 2640, Loss = 12%

Since there is a loss, the CP is greater than SP

Let CP be x

∴ Loss % = (CP-SP)x100/CP

12 = (x-2640)100/x

12x = 100x-264000

100x-12x = 264000

88x = 264000

∴ x = 264000/88

x = 3000

∴ CP= 3000

Now, for earning a profit of 12%, the SP is greater than CP

Profit% = (SP-CP)x100/CP

12=(SP-3000)100/3000

= (SP-3000)/30

30x12 = 360 = SP-3000

∴ SP= 3000+360 = 3360

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