Question

a shopkeeper lost 10% by selling an article for 1200 at what price should he sell the article to gain 10% answer fast plz..​

Answer 1

Answer:

S.P = 1200

Loss = 10%

C.P = S.P*100/(100-L) = 1200*100/90 = 1333.33 (approx.)

To gain: 10%

S.P = C.P*(100+P)/100 = 1333.33*110/100 = Rs.1466.67 (approx.)

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Alternatively:

10% loss at S.P = 1200

10% gain, S.P =??

10% loss==90%C.P

90%=== 1200

110%====X

90%*X = 110%*120

X = 1466.67 Rs.