Practicing Success
By selling a property for Rs 45000 a person incurs a loss of 10%. Find the selling price to gain the profit of 15 %? |
55000 60000 57500 58000 |
57500 |
According to the question: Selling price at a loss of 10% = Rs.45000 Cost price × 90% = 45000 Cost price = \(\frac{45000}{90%}\) Selling price at a profit of 15% = C.P. × 115% = \(\frac{45000}{90%}\) × 115% = \(\frac{45000 }{90 }\) * 115 = Rs.57500 |