Chashokreddy18@gmail.com posted an Question
April 11, 2020 • 00:57 am 30 points
  • CSIR NET
  • Mathematical Sciences

Problem from numerical ability can you explain how to solve this problem?

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  • Chashokreddy18@gmail.com Tiwari best-answer

    can you please say ,if the answer is correct?

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    extremely sorry. there is mistake in my calculation...answer in book is correct...you can follow the method i applied..just check the calculation

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    Selling price = 18700/- loss = 15% Let the CP be x. we know that, SP = CP[1-loss%/100] => 18700 = x[1- 15/100] =>18700= ×*85/100 => x = 22000 Now, we want profit of 15% that means we have , CP =22000 Profit =15% So, SP = CP[1+Profit%/100] 22000[1+15/100]= 20000*1.15 =25300/-

  • Chashokreddy18@gmail.com Tiwari

    But in sol'n the answer is given as 25300.I will send that sol'n picture,one please check.

  • Chashokreddy18@gmail.com Tiwari

    In the last step it should be (20000*0.16). if I am correct, because ( 1+15 /100 = 16/100 = 0.16).

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    its 1+(15/100)

  • Chashokreddy18@gmail.com Tiwari

    18700= ×*85/100 How is this equation obtained? (because 1-15 = -14)

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    its like 1-(15/100)

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    Ujjawal vishal best-answer

    Selling price = 18700/- loss = 15% Let the CP be x. we know that, SP = CP[1-loss%/100] => 18700 = x[1- 15/100] =>18700= ×*85/100 => x = 20000 Now, we want profit of 15% that means we have , CP =20000 Profit =15% So, SP = CP[1+Profit%/100] 20000[1+15/100]= 20000*1.15 =23000/-

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