Question

By selling a refrigerator for rs 18000 sonia suffered a loss of 20%. At what price should she have sold it to make a profit of 10%

Answer 1

Answer:

SP IS 18000

LOSS% IS 20%

CP WILL BE....SP/100-LOSS×100

SO 18000/80×100

22500

so now the CP IS 22500

PROFIT% IS 10%

NEW SP WILL BE..CP/100×100+PROFIT%

22500/100×110

24750

hence new SP will be 24750

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