Advertisements
Advertisements
Question
By selling a speaker for ₹ 768, a man loses 20%. In order to gain 20%, how much should he sell the speaker?
Advertisements
Solution
Selling price (S.P) of speaker = ₹ 768
Loss % = 20%
as per formula
S.P = `"C.P" xx ((10 - "loss"%))/100`
∴ 768 = `"C.P" xx ((100 - 20)/100)`
∴ C.P = `(768 xx 100)/80` = 960
For gain of 20%, we should now calculate the selling price
∴ S.P = `"C.P" xx ((100 + "gain"%)/100)`
= `960((100 + 20)/100)`
= `960 xx 120/100`
= 96 × 12
= ₹ 1152
APPEARS IN
RELATED QUESTIONS
A publisher gives 32% discount on the printed price of a book to booksellers. What does a bookseller pay for a book whose printed price is Rs 275?
Jyoti and Meena run a ready-made garment shop. They mark the garments at such a price that even after allowing a discount of 12.5%, they make a profit of 10%. Find the marked price of a suit which costs them Rs 1470.
Ajit Kaur bought a 50 kg sack of sugar for Rs 1750, but as sugar prices fell she had to sell it at Rs 32 per kg. How much loss did she incur?
If Guna marks his product to be sold for ₹ 325 and gives a discount of ₹ 30, then find the S.P.
Discount = M.P. − __________
The marked price of an article when it is sold for Rs 880 after a discount of 12% is ______.
Lemons were bought at Rs 48 per dozen and sold at the rate of Rs 40 per 10. Find the gain or loss per cent.
If 90% of x is 315 km, then the value of x is ______.
If the price of sugar is decreased by 20%, then the new price of 3 kg sugar originally costing ₹ 120 will be ______.
Devangi buys a chair for ₹ 700 and sells it for ₹ 750. She earns a profit of ______ % in the transaction.
