1) By selling a pen for Rs.165. Mukti gains 10%. she had sold it for Rs.157.50 What percenatge would she have lost or gained? 2) By selling a watch for Rs 1275 .Javed lost 15%. At what price should he sell and make a profit of 10%
Q-1
Suppose the cost price of pen is x.
Now for gain = 10%, we have;
selling price = = Rs.165
so cost price of pen = Rs.150
Now when she sold at Rs.157.50.
Then net gain = Rs.157.50 - Rs.150 = Rs.7.50
Therefore gain percentage = = 5%
Q-2
Suppose the cost price of pen is x.
Now for gain = 10%, we have;
selling price = = Rs.165
so cost price of pen = Rs.150
Now when she sold at Rs.157.50.
Then net gain = Rs.157.50 - Rs.150 = Rs.7.50
Therefore gain percentage = = 5%
Q-2