Question

2. a shopkeeper sells a product a for $160 with 20% loss. To make an overall profit of 10%, what should he sell another product a for?

Answer 1

$2x160 \times =320 {1}^{2} 10? \times \frac{?}{?}$

Answer 2

Answer:

$220

Step-by-step explanation:

SP of item = $160

Loss% = 20%

Formula : $CP = \frac{SP \times 100}{100-L\%}$

$CP = \frac{160 \times 100}{100-20}$

$CP = 200$

Now he wants to make an overall profit of 10%,

So, CP = 200

Profit % = 10 %

$CP = \frac{SP \times 100}{100+P\%}$

$200 = \frac{SP \times 100}{100+10}$

$200 = \frac{SP \times 100}{110}$

$\frac{200 \times 110}{100} =SP$

$220=SP$

Hence he should sell another product for $220