by selling a chair for rs 900, a retailer lost 10%. for what price should he sell it to get a profit of 10%
Answers
Answer:
Answer:
He should sell it at Rs.1100 to get a profit of 10%
Step-by-step explanation:
SP of chair = Rs.900
Loss% = 10%
Formula : CP =\frac{SP \times 100}{100 -L\%}CP=
100−L%
SP×100
CP =\frac{900 \times 100}{100 -10}CP=
100−10
900×100
CP =1000CP=1000
Now he wants to know the SP to get a profit of 10%
CP = 1000
Profit % = 10%
Profit = \frac{10}{100} \times 1000
100
10
×1000
Profit = 100100
SP = CP+Profit
SP=Rs.1000+Rs.100
SP=Rs.1100
Hence he should sell it at Rs.1100 to get a profit of 10%
Answer:
He should sell it at Rs.1100 to get a profit of 10%
Step-by-step explanation:
SP of chair = Rs.900
Loss% = 10%
Formula : CP =\frac{SP \times 100}{100 -L\%}CP=
100−L%
SP×100
CP =\frac{900 \times 100}{100 -10}CP=
100−10
900×100
CP =1000CP=1000
Now he wants to know the SP to get a profit of 10%
CP = 1000
Profit % = 10%
Profit = \frac{10}{100} \times 1000
100
10
×1000
Profit = 100100
SP = CP+Profit
SP=Rs.1000+Rs.100
SP=Rs.1100
Hence he should sell it at Rs.1100 to get a profit of 10%He should sell it at Rs.1100 to get a profit of 10%
Step-by-step explanation:
SP of chair = Rs.900
Loss% = 10%
Formula : CP =\frac{SP \times 100}{100 -L\%}CP=
100−L%
SP×100
CP =\frac{900 \times 100}{100 -10}CP=
100−10
900×100
CP =1000CP=1000
Now he wants to know the SP to get a profit of 10%
CP = 1000
Profit % = 10%
Profit = \frac{10}{100} \times 1000
100
10
×1000
Profit = 100100
SP = CP+Profit
SP=Rs.1000+Rs.100
SP=Rs.1100
Hence he should sell it at Rs.1100 to get a profit of 10%