Finding Increase or Decrease Percentage in Situations
A man bought ...
Question
A man bought a cycle for Rs.200. For how much should he sell it so as to gain 10%?
A
Rs.200011
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B
Rs.210
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C
Rs.212
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D
Rs.220
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Solution
The correct option is CRs.220 Cost price of cycle is 200 rupees. For 10% gain i.e for (0.1×200) = Rs.20 gain he should sold at 200+20 = 220 rupees (selling cost = cost price + gain)