document.write( "Question 1072148: Samay has some sugar worth Rs 3000. He sold one-third at a loss of 10%.By how much percentage must the selling price be increased in the remaining so that there is a gain of 10% in outlay after allowing 20% discount . \n" ); document.write( "
Algebra.Com's Answer #687043 by Theo(13342)![]() ![]() You can put this solution on YOUR website! two ways to look at this because i'm not understanding exactly what you're looking for.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "does he want to make 10% gain on the remaining 2/3, or does he want to make 10% gain on the whole thing?\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "i'm assume he wants to make 10% gain on the whole thing, including the part where he took a 10% loss.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "if that's not what you want, then let me know and i'll re-work the solution accordingly.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "he has merchandise that cost him 3000.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "he sells 1/3 of this at a loss of 10%.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "1/3 * 3000 = 1000 from which he received revenue of 900 which gave him the 10% loss of 100.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "he has 2/3 of the 3000 left which means he has 2000 worth of merchandise left to sell.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "he wants to make an overall gain of 10% on the 3000 worth of merchandise.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "10% of 3000 is equal to 300.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the total gain he wants to make is 300 from the remaining 2000.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "he wants to sell the remaining 2000 at a 20% discount from the retail price.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "what he is saying is that the selling price has to be 80% of the retail price.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "to make a profit of 300, then the selling price minus the cost of 2000 must be equal to 300.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "let R equal the retail price and let S = the selling price and let C = the cost and let P equal the profit.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the equation would start out as S - C = P\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "this means selling price minus cost = profit.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "since S = .80 * R, the equation becomes .80 * R - C = P\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "this means 80% of the retail price minus the cost is equal to profit.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "since P = 300 and C = 2000, the equation becomes .80 * R - 2000 = 300\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "add 300 to both sides of this equation to get .80 * R = 2300.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "divide both sides of this equation by .80 to get R = 2300 /.8 = 2875.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "the retail price has to be 2875.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "discount is 20% of 2875 = 575. \n" ); document.write( "2875 - 575 = 2300.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "selling price is equal to 2300.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "cost of the remaining merchandise is 2000 which makes the profit = 300.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "original cost is 3000.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "profit is 300.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "percent profit is 300 / 3000 * 100 = 10%.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "by charging a retail price of 2875 for the remaining 2000 worth of merchandise, he can give a 20% discount to make the selling price 2300 which gives him 300 profit which is 10% of the overall cost of 3000 worth of merchandise.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "at least, i think this is what you're asking.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "if different, let me know what's different and i'll rework it for you based on that new understanding.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |