Question

By selling an article for Rs.240, a person incurs a loss of 20%.At what price should he sell it so that he makes a profit 10% and loss10% ?​

Answer 1

ANSWER

Let the cost price be x

Then, x−10 % x=240

90% x=240

x=240×

90

100

x=266.67

For a profit of 20%, the selling price should be = 266.67×120%

= 266.67×1.2= 320

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Answer 2

Step-by-step explanation:

Let the cost price be x

Then, x−10 % x=240

90% x=240

x=240×

90

100

x=266.67

For a profit of 20%, the selling price should be = 266.67×120%

= 266.67×1.2= 320