A table was sold for rs.2142at a gain of 5./..at wt price should it be sold to gain 10•\•
2244
I can only guess you mean 5% and 10%
1.05 x = 2142
so
x = 2040
then do your 10%
1.1 (2040) = 2244
To find out at what price the table should be sold to gain 10%, we can use the following formula:
Selling Price = Cost Price + Profit
Where:
- Selling Price is the price at which the table should be sold
- Cost Price is the price at which the table was purchased
- Profit is the gain percentage multiplied by the cost price
In this case, we know the Selling Price (rs. 2142) and the gain percentage (10%). We need to calculate the Cost Price.
Let's proceed with the calculations:
1. Convert the gain percentage to a decimal: 10% = 10/100 = 0.10
2. Apply the formula: Selling Price = Cost Price + (0.10 * Cost Price)
Let's solve the equation for the Cost Price:
2142 = Cost Price + (0.10 * Cost Price)
Simplifying the equation:
2142 = Cost Price * (1 + 0.10)
2142 = Cost Price * (1.10)
Dividing both sides by 1.10:
Cost Price = 2142 / 1.10
Cost Price = 1947.27 (approximately)
Therefore, the table should be sold at a price of rs. 1947.27 in order to gain 10%.