Finding Prices / Charges Related to Buying and Selling
By selling cl...
Question
By selling cloth at Rs.9 per metre, the shopkeeper loses 10%. Find the twice of selling price in Rs. per metre when the gain 15%?
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Solution
For the first situation, Loss % =C.P.−S.P.C.P.×100=10 =>C.P.−9=0.1C.P. =>0.9C.P.=9 C.P.=Rs10 So, for Profit % =S.P.−C.P.C.P.×100=15 =>S.P.−10.10×100=15 =>S.P.−10=1.5 =>S.P.=Rs11.50 per meter