Question

A shopkeeper a loss of 10% by selling a toy at ₹459 .at what price must he sell it in order to get a profit of 10%?

Answer 1

Answer:

The price at which he must sell it is ₹561

Step-by-step explanation:

Given, S.P = ₹ 459

Lose =10 % of CP= 10/100CP

∴SP=90%ofCP= 90/100 CP

90/100 CP= ₹459

⇒CP = ₹510

For gaining 10 %

Profit= 10/100×₹510= ₹51

∴S.P= ₹510 + ₹51 =₹561

Hope this answer helps you out.

Answer 2

Answer:

561

Step-by-step explanation:

sp=rs459(given)

loss=10%(given)

cp=?

we know cp=(100/100-loss%)*sp

cp=(100/100-10)*459

=100/90*459=510

cp=510(just found)

profit=10%

sp=(100+profit/100)*cp

sp=(100+10/100)*510

=110/100*510

=561

hence,shopkeeper have to sell it for rs 561 to get 10% profit

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