by selling a cooler for rs 4500 a shopkeeper loses 10% for how much should he sell the cooler so as to gain 10%
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Answer:
Rs.5500
Step-by-step explanation:
Selling Price (SP) = Rs.4500
Loss = 10%
=> (100-10)% of CP = SP
=> 90% of CP = 4500
=> 90/100 × CP = 4500
=> CP = Rs.5000
Gain = 10%
New SP = (100+10)% of CP = 110% of 5000 = 110/100 × 5000 = Rs.5500
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