Find Out the Selling Price.

By selling an article for Rs. 720, a man loses 10%. At what price should he sell it to gain 5%?

  1. Rs.840
  2. Rs.890
  3. Rs.1000
  4. Rs.995
Desire Adnan Default Asked on 4th August 2015 in Maths.
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1 Answer(s)

Answer: (1) Rs.840
Explanation:-

The selling price of an article = Rs.720
Loss = 10 %.

Then, cost price of an article = 720 x 100/90
= Rs.800

Gain = 5 %
Then, the selling price of the article = 800  + 800 x 5 /100
= 800 + 40
= Rs.840

Hence, the answer is (1) Rs.840.

Anurag Mishra Professor Answered on 6th August 2015.
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