Question

dealer suffers a loss of 10per centage by selling an article for Rs 2520.at what price should he sell it to make a profit of 4 percentage ??

Answer 1

Selling price=Rs2520

Loss=10%

cost price=selling price×100/(100-loss percent)

=2520×100/90

=2800

so the cost price is Rs2800

If he needs 4% profit

selling price=2800×(100+4) /100

=28×104

=2916

so he should sell it for Rs2916

Answer 2

Step-by-step explanation:

SP=2520

loss=10%

CP=SP×100/100-loss%

=2800rupee

CP is 2800rupee

If he needs 4%profit

SP=2800×(100+4)/100

=2800×104/100

=28×104

=2912rupee

thank u

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