a dealer suffered a loss of 10% by selling an article for 2520 at what price should he sell to make a profit of 4%
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Answer:
To make 4% profit selling price should be Rs 2912
Step-by-step explanation:
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let the cost price of article be x
x - x×10/100 = 2520
x - x/10 = 2520
9x/10 = 2520
x = (2520 × 10)/9
x = Rs 2800
To make 4% profit
selling price should be
2800 + (2800 × 4)/100
2800 + 112
Rs 2912
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