Question
Juhi sold a washing machine for ₹ 13,500 at the loss of 20%. Find the cost price of the washing machine. At what price she must sell to gain 20%?
[4 MARKS]
[4 MARKS]
Answer:
:
Formula: 1 Mark
Steps: 2 Marks
Answer: 1 Mark
Given, Selling price = ₹ 13,500
Loss%=20%
Let the cost price be x.
∴Loss=20%ofx
Selling price = Cost price - Loss
⇒13500=x−20100×x
⇒13500=x−15x
⇒13500=45x
⇒x=16875
Therefore, she bought it for ₹ 16875.
So, cost price of the article = ₹ 16875
20%of the cost price
=20100×16875=₹3375
Net amount = 16875 + 3375 = ₹ 20250
So, in order to sell the washing machine at 20% profit, she needs to sell it at ₹ 20250.
Was this answer helpful ?
:
Formula: 1 Mark
Steps: 2 Marks
Answer: 1 Mark
Given, Selling price = ₹ 13,500
Loss%=20%
Let the cost price be x.
∴Loss=20%ofx
Selling price = Cost price - Loss
⇒13500=x−20100×x
⇒13500=x−15x
⇒13500=45x
⇒x=16875
Therefore, she bought it for ₹ 16875.
So, cost price of the article = ₹ 16875
20%of the cost price
=20100×16875=₹3375
Net amount = 16875 + 3375 = ₹ 20250
So, in order to sell the washing machine at 20% profit, she needs to sell it at ₹ 20250.
Was this answer helpful ?
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