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An umbrella is sold for Rs. 198 at a gai...

An umbrella is sold for Rs. 198 at a gain of 10%. What is the cost price of the umbrella? At what price must it be sold to gain 25%?

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To solve the problem step by step, let's break it down into two parts: finding the cost price of the umbrella and then determining the selling price for a 25% gain. ### Step 1: Find the Cost Price (CP) 1. **Identify the given values**: - Selling Price (SP) = Rs. 198 - Gain Percentage = 10% 2. **Use the formula for Selling Price**: \[ SP = CP + \text{Gain} \] The gain can be expressed as: \[ \text{Gain} = \frac{\text{Gain Percentage}}{100} \times CP \] Therefore, we can rewrite the Selling Price formula as: \[ SP = CP + \frac{10}{100} \times CP \] This simplifies to: \[ SP = CP \left(1 + \frac{10}{100}\right) = CP \left(1 + 0.1\right) = CP \times 1.1 \] 3. **Substituting the Selling Price**: \[ 198 = CP \times 1.1 \] 4. **Solve for CP**: \[ CP = \frac{198}{1.1} = \frac{1980}{11} = 180 \] So, the Cost Price (CP) of the umbrella is Rs. 180. ### Step 2: Find the Selling Price for a 25% Gain 1. **Calculate the new Selling Price (SP')**: \[ SP' = CP + \text{New Gain} \] The new gain for a 25% profit can be expressed as: \[ \text{New Gain} = \frac{25}{100} \times CP \] Thus, we can rewrite the new Selling Price formula as: \[ SP' = CP + \frac{25}{100} \times CP = CP \left(1 + \frac{25}{100}\right) = CP \times 1.25 \] 2. **Substituting the Cost Price**: \[ SP' = 180 \times 1.25 \] 3. **Calculate SP'**: \[ SP' = 180 \times 1.25 = 225 \] So, the Selling Price for a 25% gain is Rs. 225. ### Final Answers - Cost Price of the umbrella = Rs. 180 - Selling Price for a 25% gain = Rs. 225
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