Question

If a pen is sold at rs 10.80 per piece there would be loss of 10%. At what price should it be sold to earn profit of 20%

Answer 1

Answer:

It should be sold for rupees 14.4

Step-by-step explanation:

Sp=rs10.80

loss=10%

Cp=100/100-loss%*Sp

100*10.80/90=12

now

Cp=rs12

Profit=20%

Sp=100+profit%/100*Cp

=120*12/100=14.4

rs 14.4 answer