Question

a furniture shop sold a bed for 27000 and lost 10% on the deal. At what price should he have sold it to earn a profit of 10%​

Answer 1

Answer:

Rs.33000

Step-by-step explanation:

Let the C.P. of bed be x.

S.P. = Rs.27000

Loss = 10%

=> (100-10)% of C.P. = S.P.

=> 90% of x = 27000

=> 90/100 x = 27000

=> x = Rs.30000

Profit = 10%

New S.P. = (100+10)% of C.P. = 110/100 * 30000 = Rs.33000