Question

Sunita sold her old toy for 475 and incurred of loss 5%. at what price should she sell make the profit of 8%

Answer 1

Sunita should sold her old toy at 540.

Answer 2

S. P of toy =475
Loss =5%
So. C. P= 100 ×S.P/100 - LOSS =100×475/100-5=100×475/95=20×25=500
IF WE SELL THIS AT PROFIT OF 8% THEN S. P

S. P =CP(100+PROFIT /100)=500(100+8/100)=500×108/100=540