When a “Mercedes-Benz” is sold for Rs. 18,700, the owner loses 15%. At what price must that “Mercedes-Benz” be sold in order to gain 15%?
Question
Solution 1
Sure, let's solve this step by step:
Step 1: First, we need to find the cost price of the Mercedes-Benz. If the owner loses 15% when selling it for Rs. 18,700, that means Rs. 18,700 is 85% of the cost price (because 100% - 15% = 85%).
So, we can set up the equation: 85/100 * Cost Price = Rs. 18,7 Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv
Similar Questions
When a “Mercedes-Benz” is sold for Rs. 18,700, the owner loses 15%. At what price must that “Mercedes-Benz” be sold in order to gain 15%?
When a “Mercedes-Benz” is sold for Rs. 18,700, the owner loses 15%. At what price must that “Mercedes-Benz” be sold in order to gain 15%?Rs. 21,000
When a plot is sold for Rs.18,700, the owner loses 15%.At what price must that plot be sold in order to gain 15%?
If a saree is sold for Rs 1900 the seller will face 5% loss, at what price (in Rs) should he sell the saree to gain 15% profit?Options2200250023002400
An article was sold for Rs. 2770. Had it been sold for Rs. 3000 there would have been an additional gain of 10%. Cost Price of the article is: