Question Discussion

Discussion

Q.	Sugan sold his bicycle at a loss of 30% at ₹ 10500. At what price should he have sold it so as to get a profit of $6 \frac{2}{3} %$ ?

CP = 100% Loss = 30% SP = 70%

70% = 10500

100% = $\frac{10500}{70} \times 100$ = 15000

Profit = $6 \frac{2}{3} %$ = $\frac{1}{15}$

SP = 1 + $\frac{1}{15}$ = $\frac{16}{15}$ of CP = 15000 $\times \frac{16}{15}$ = ₹ 16000