Question

Varun sold a TV set at a loss of 6%. If he had sold it for ₹5000 more, he would have gained 8%. For how much did Varun buy it?\

Answer 1

Answer:

Correct option is B)

Let assume the cost price = cp

sp = 8000

loss =20=

cp

cp−8000

×100

cp−5cp−40000

4cp=40000

cp=10000 Rs

So

10000

10000−8500

×100

=

10000

1500

×100

=15%

solution