Question

a man bought an article for ₹5,000, spent ₹300 on it's carriage, and ₹200 on octroi duty.If he sells the article for ₹6,000, find his profit or loss per cent. if
he desires to make a profit of 20 percent ,at what price should he sell it? also,find his selling price when he loses 10 percent.

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Answer 1

Answer:

9.09%...profit at 6000

6600 for 20% profit

4950 for 10% loss.

Step-by-step explanation:

total cost he paid is 5500 and he sold the article for 6000

thats mean he earned profit at the rate of 9.09%...

if he want to make a profit of 20% so he should sell the article for 6600.

and if he sells the article at 4950 then he will carries the 10% loss...