Question

A shopkeeper lost 10% by selling an article for 1200.At what price shoul he sell the article to gain 10%​

Answer 1

Answer:

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Answer 2

Answer:

The new SP is Rs 1466.3

Step-by-step explanation:

SP of the article= Rs 1200

Loss percentage = 10%

Let the CP be x

Loss =(CP-SP)

= (x-1200)

So, (x-1200)/x=10/100

or, (x-1200)=0.1x

or, 0.9x=1200

or, x=1333

So, CP=Rs 1333

Let the new SP be y

Now, gain percentage is 10%

Gain=(SP- CP)

=(y-1333)

So,

(y-1333)/1333=10/100

or, (y-1333)/1333=0.1

or, y-1333=133.3

or, y=1466.3

So, the new SP is Rs 1466.3