Answered

At Westonci.ca, we make it easy for you to get the answers you need from a community of knowledgeable individuals. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

By selling a chair for $372, Daisy loses 7%. At what price must she sell it to gain 10%.​

Sagot :

mrmharris1029

Answer: $440

Step-by-step explanation:

Given selling price = $ 372

Loss % = 7%

We know, cost price = selling price × 100/100 - loss%

Therefore, cost price = 372 × 100/100 - 7

= 372 × 100/93

= $400

Now cost price = $400

Gain% = 10%

Therefore, selling price = (100 + gain%)cost price/100

= (100 + 10)400/100

= 110 × 4

= $440

Thanks for stopping by. We are committed to providing the best answers for all your questions. See you again soon. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.