Sam sold an item for Rs. 21,000 and suffered loss of 30%. Find the cost price of the item. Also find the
price at which Sam must have sold the item to get a profit of 15%.
Answers
Answered by
4
Answer:
Step-by-step explanation:
SP of item=Rs.21000
Loss=30%
CP=100*SP/100-loss%
=100*21000/70
=Rs30000
So, CP is Rs30000
Wanted gain=15%
Required SP=(100+gain%)*CP/100
=115*30000/100
=Rs34500.
Answered by
2
Step-by-step explanation:
The loss is 30%
So,100-30=70
21,000*70/100=14,700 loss
The profit=15%
21,000/15*100=1,40,000 frofit
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