a dealer gains 10% by selling an artical for rupees 11000. at hat price must be sell it sell it so as it soas to gain30% ?
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let the actual price of the article be x
as the dealer made a profit of 10%
therefore profit made by him is 10/100 x
therefore selling price is x + 1/10 x which is equal to 11/10 x
bit it is already given that he sold it for 11000
therefore 11/10 x = 11000
on simplifying we get, x = 10000
if he is to make a gain of 30%, then profit is 3/10 * 10000 which is equal to 3000
therefore he sells it for 10000+ 3000 = 13000 if he is to have a 30% profit
as the dealer made a profit of 10%
therefore profit made by him is 10/100 x
therefore selling price is x + 1/10 x which is equal to 11/10 x
bit it is already given that he sold it for 11000
therefore 11/10 x = 11000
on simplifying we get, x = 10000
if he is to make a gain of 30%, then profit is 3/10 * 10000 which is equal to 3000
therefore he sells it for 10000+ 3000 = 13000 if he is to have a 30% profit
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