By selling a fan for rupees 1200, karim loses rupees 200 . at what price must he sell it to gain 10 %
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Answer:
1540 rupees
Step-by-step explanation:
SP= 1200
Loss= 200
CP= SP+Loss
CP= 1200+200
CP= 1400
Now New SP to gain 10% profit we conclude
SP= CP(100+P%)/100
while P%=10
SP= 1400*(100+10)/100
SP= 14*110
SP= 1540
Hence he should sell to fan for rupees 1540.
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