If a radio is sold for rs.1440 then there is a loss of 10%. find how much more money one should sell it to get the profit of 10%.
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SP = Rs 1440
Loss = 10%
CP = ?
If the SP = Rs 90, CP = Rs 100
If the SP = Rs 1, CP = Rs 100/90
If the SP = Rs 1440, CP = Rs 100/90 x 1440
= Rs 1600
New SP with 10% gain = 10% of Rs 1600 = Rs 160
Hence, Rs 160 is added to the CP to get 10% gain after selling it.
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