Question 67

By Selling a TV for ₹8500 a person loses 15%. In order to gain of 5%, Selling price of TV should be:

Solution

By Selling a TV for ₹8500 a person loses 15%.

Therefore, $$CP = SP \div 0.85 = 8500\div 0.85 = ₹ 10,000$$

In order to gain of 5%, Selling price of TV should be=

$$SP = 1.05\times 10,000 = ₹10,500$$

Option A is correct.

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