A shopkeeper sold a bag for Rs 950 with a loss of Rs 75.For how much should the bag be sold to make a profit for Rs 75?

To solve this problem, let's start by determining the cost price (CP) of the bag.

The shopkeeper sold the bag for Rs 950 at a loss of Rs 75. This means the cost price (CP) of the bag can be calculated as:

\[
\text{Cost Price} = \text{Selling Price} + \text{Loss} = 950 + 75 = \text{Rs } 1025
\]

Now, to find out the selling price (SP) at which the shopkeeper would make a profit of Rs 75:

\[
\text{Desired Selling Price} = \text{Cost Price} + \text{Profit} = 1025 + 75 = \text{Rs } 1100
\]

So, the bag should be sold for **Rs 1100** to make a profit of Rs 75.

Would you like more details or have any other questions? 

Here are 5 related questions:
1. If the shopkeeper wants to make a profit of Rs 150, what should be the selling price?
2. What would be the percentage profit if the bag is sold for Rs 1100?
3. How much profit would be made if the bag is sold for Rs 1200?
4. If the shopkeeper accidentally sells the bag for Rs 900, what would be the loss?
5. What is the break-even price for the bag, i.e., the price at which there is no profit or loss?

**Tip:** Understanding the relationship between cost price, selling price, profit, and loss is crucial for solving these types of problems.

Learn how to calculate the selling price needed to achieve a profit after selling an item at a loss. This problem involves basic concepts of profit and loss in mathematics, suitable for students in Grades 6-8.

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