Profit and Loss Practice Test 8

Question : 29 of 40

Marks: +1, -0

Mohan sold an item for Rs 4,510 and incurreda loss of 45%. At what price should he have sold the item to have gained a profit of 45%?

Solution:

\table \CP ,\Loss % ,\SP;x ,45%, 4510

P=x-{45x}/100

4510={100x-45x}/100

x={100×4500}/55=8200

Cost price = Rs 8,200
Profit per cent = 45%
Sale price = CP + Profit

=8200+{8200×45}/100=11,890

Go to Question:

Prev Question

Next Question