what is the selling price when goods sold which cost Rs.65 are sold at a gain of 10%? i) Rs 70 ii) RS 71.50 iii) Rs 72 iv) 73.50
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what is the selling price when goods sold which cost Rs.65 are sold at a gain of 10%? i) Rs 70 ii) RS 71.50 iii) Rs 72 iv) 73.50
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Answer:
Given, C.P = Rs. 65, Loss =10%
S.P=
100
100−loss%
×C.P
⇒
100
100−10
×65
⇒
100
90
×65
⇒
10
585
= Rs. 58.50