Question

a man sold item at 153 with loss 10% what should be selling price of item if he gain 10%

Answer 1

Solution :

i ) Selling price of an item ( s.p ) = 153

Loss ( L ) = 10%

Let the cost price ( c.p ) = x

x = ( 100 × s.p )/( 100 - L )

= ( 100 × 153 )/( 100 - 10 )

= ( 100 × 153 )/90

= 10 × 17

x = 170

ii ) cost price of an item ( x ) = 170

gain ( g ) = 10%

Let the selling price = s.p

s.p = c.p ( 100 + g )/100

= 170 × [ ( 100 + 10 )/100 ]

= 170 × ( 110/100 )

= 17 × 11

= 187

Therefore ,

selling price of an item = 187

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