samar loses 8% by selling a jewelry box for ₹368. what should be his selling price to gain 10%
Answers
Answered by
10
Answer:
Given :
Selling price = Rs 368
Loss = 8 %
Find the cost price of an article :-
C.P = (S.P × 100)/(100 - loss)
= (368 × 100)/(100 - 8)
= 36800/92
= 400
So, Cost price of an article = Rs 400
Find the Selling price of an article to gain 10% :-
S.P = C.P + Profit % of C.P
= 400 + 10% of 400
= 400 + 0.10×400
= 400 + 40
= 440
Hence,
The Selling price of an article to gain 10% is Rs 440
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Step-by-step explanation:
Answered by
3
Answer:
₹440
Step-by-step explanation:
CP × 92/100 = 368
CP = 368 × 100/92
CP = ₹400
New SP = 400 × 110/100
New SP = ₹440
Therefore, he should sell at ₹440 to gain 10%
Hope it helps :)
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