why selling a cycle for rupees 2040 Anand loss 15% of his investment what should be his selling price if he wants to make a gain of 10%
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Step-by-step explanation:
Let the cost price of the cycle is =x Rs
Now selling this cycle for rupees 2040 he made a loss of 15%
Therefore,
x-(15x/100)=2040
85x=204000
x=204000/85
x=2400
Therefore the cost of the cycle was =2400 Rs
Now the selling price =2400+(2400*10)/100
=2400+240
=2640Rs
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