a shopkeeper lost 10% by selling an article for 1200 at what price should he sell the article to gain 10% answer fast plz..
Answers
Answered by
0
Answer:
120
Step-by-step explanation:
10×100/1200=1.2×100=120
Answered by
2
⭐Given:
- Lost for shopkeeper=10%
- Price of an article that he sold= Rs. 1200.
⭐To Find:
- Price of the article that shopkeeper should sell to gain 10 % I. e the selling price of an article.
⭐Note:
- S. P=selling price
- C. P=Cost price
⭐Solution:
Let the C. P of that article be x. He lost 10%.
: . S. P=C.P- loss%
: . S. P=x-10% of x
: . S. P=x-10/100×x
: . S. P=100x-10x/100
: . S. P=90x/100
It means he sold the article at 90% of its cost price.
: . 1200=90x/100
: . 1200×100=90x
: . x=1200×100/90
: . x= 4000/3=1333.33 Rs............. (1)
To gain the 10 % he will sell the article at,
New S. P=x+10% of x
: . S. P=x+10/100×x
: . S. P=x+10x/100
: . S. P=100x+10x/100
: . S. P=110x/100
: . S. P=110×1333.33/100
: . S. P=1466.67 Rs
Therefore, The shopkeeper should sell the article at Rs. 1466.67 to gain 10%.
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