Question

A dealer suffers loss of 10% by selling an article ripped 2520 at what price should he sell it to make profit of 4%​

Answer 1

Answer:

The dealer must sell in Rs. 2,912 to gain 4% profit.

Step-by-step explanation:

S. P. of an article is Rs. 2520 if it is sold in 10% loss

We need to find the S. P. where 4% profit can be gained.

Let's assume that the C. P. of the article is Rs. x

Then,

S. P. with 10% loss is :-

x - x of 10% = 9x/10

A/q,

$\sf : \implies \: \frac{9x}{10} = 2520 \\ \sf : \implies \: x = \frac{2520 \times 10}{9} \\ \sf : \implies \: x = 280 \times 10 \\ \sf : \implies \: x = 2800$

Now, to sell in 4% profit

S. P. = 2800 + 2800 of 4%

= Rs. 2912