SHORT trick:REQUIRED price = 7260/0.66 × 1.05 = Rs. 11550Detailed solution:Let the COST price be Rs. x.⇒ Selling price = Rs. 7260⇒ Loss = 34% of x = 0.34x⇒ Cost price - loss = 7260⇒ x - 0.34x = 7260⇒ 0.66x = 7260⇒ x = 11000Now, to gain a profit of 5%⇒ Selling price = 11000 + 5% of 11000 = 11000 + 550 = Rs. 11550 "> SHORT trick:REQUIRED price = 7260/0.66 × 1.05 = Rs. 11550Detailed solution:Let the COST price be Rs. x.⇒ Selling price = Rs. 7260⇒ Loss = 34% of x = 0.34x⇒ Cost price - loss = 7260⇒ x - 0.34x = 7260⇒ 0.66x = 7260⇒ x = 11000Now, to gain a profit of 5%⇒ Selling price = 11000 + 5% of 11000 = 11000 + 550 = Rs. 11550 ">
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By selling a used phone for Rs. 7,260, Sanjan got 34% less than what it cost him to buy it a few years ago. At what price should Sanjan have sold the phone to gain a profit of 5%?

Arithmetic Ability Profit And Loss in Arithmetic Ability 8 months ago

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SHORT trick:REQUIRED price = 7260/0.66 × 1.05 = Rs. 11550Detailed solution:Let the COST price be Rs. x.⇒ Selling price = Rs. 7260⇒ Loss = 34% of x = 0.34x⇒ Cost price - loss = 7260⇒ x - 0.34x = 7260⇒ 0.66x = 7260⇒ x = 11000Now, to gain a profit of 5%⇒ Selling price = 11000 + 5% of 11000 = 11000 + 550 = Rs. 11550
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Posted on 26 Oct 2024, this text provides information on Arithmetic Ability related to Profit And Loss in Arithmetic Ability. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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