By selling an article for Rs 270, shopkeeper suffered a loss of 10%. Find the cost price of the article.
Also fins the SP of the article so that a profit of 10% is made.
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By selling an article for Rs 270, shopkeeper suffered a loss of 10%. Find the cost price of the article.
Also fins the SP of the article so that a profit of 10% is made.
Cost Price = Selling Price - Loss
= 270 - 10
= 260
Selling Price = Cost Price - Loss
= 260 - 10
= 250
Profit = Selling Price - Cost Price
= 250 - 260
= 10
Refer the attachment for the last step..
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