Question

By selling an article for 54,720, a man loses 5%. At what price should he sell it in
order to get 10% profit?​

Answer 1

Answer:

SP = 54720

LOSS = 5%

CP = SP×100/100-LOSS

CP = 54720 ×100/100-5%

CP = 5472000/95

CP = 57600

it is the cost price

if we sell it in 10% profit then selling price will be

SP= (100+ profit) cp/ 100

SP= (100+ 10%) 57600/ 100

Sp = 110×57600/100

SP= 63360