Home
Class 14
MATHS
A shopkeeper sold a sewing machine for R...

A shopkeeper sold a sewing machine for Rs 1,080 at a loss of 10%. At what price should he have sold it so as to gain 10% on it ? (in Rs )
एक दुकानदार ने एक सिलाई मशीन 10% की हानि पर Rs 1,080 में बेची। उसे वह किस कीमत में बेचता तो उसे 10% का लाभ होता?

A

A)1069

B

B)1200

C

C)1230

D

D)1320

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will first determine the cost price (CP) of the sewing machine based on the given selling price (SP) and loss percentage. Then, we will find out the selling price required to achieve a gain of 10%. ### Step 1: Understand the given information - Selling Price (SP) at a loss of 10% = Rs 1,080 - Loss Percentage = 10% ### Step 2: Calculate the Cost Price (CP) When there is a loss of 10%, the Selling Price is 90% of the Cost Price. We can express this relationship mathematically: \[ SP = CP \times \left(1 - \frac{\text{Loss \%}}{100}\right) \] Substituting the values: \[ 1080 = CP \times \left(1 - \frac{10}{100}\right) \] \[ 1080 = CP \times 0.90 \] ### Step 3: Solve for CP To find CP, we rearrange the equation: \[ CP = \frac{1080}{0.90} \] Calculating this gives: \[ CP = 1200 \] ### Step 4: Calculate the Selling Price for a 10% Gain To find the Selling Price (SP) for a gain of 10%, we use the formula: \[ SP = CP \times \left(1 + \frac{\text{Gain \%}}{100}\right) \] Substituting the values: \[ SP = 1200 \times \left(1 + \frac{10}{100}\right) \] \[ SP = 1200 \times 1.10 \] ### Step 5: Solve for SP Calculating this gives: \[ SP = 1320 \] ### Final Answer The price at which the shopkeeper should have sold the sewing machine to gain 10% is **Rs 1,320**. ---

To solve the problem step by step, we will first determine the cost price (CP) of the sewing machine based on the given selling price (SP) and loss percentage. Then, we will find out the selling price required to achieve a gain of 10%. ### Step 1: Understand the given information - Selling Price (SP) at a loss of 10% = Rs 1,080 - Loss Percentage = 10% ### Step 2: Calculate the Cost Price (CP) When there is a loss of 10%, the Selling Price is 90% of the Cost Price. We can express this relationship mathematically: ...
Promotional Banner

Similar Questions

Explore conceptually related problems

By selling a watch for Rs. 1440, a man losses 10%. At what price should he sell it to gain 10%?

A man loses 10% by selling an article for Rs. 180. At what price should he sell it to gain 10%?

A mechanic sold a scooter for ₹ 9000 at a loss of 10%. In order to gain 5% at what price should he sell it ?