Question

if an artical is sold for rs 171 at a loss of 10%,what should be its selling price in order to earn profit of 20%

Answer 1

$\textbf {Hey there, here is the solution.}$

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STEP 1: Form the equation:

Percentage that the article is sold = 100 - 10 = 90%

Price that the article is sold = Rs 171 (Given)

90% = Rs 171

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STEP 2: Find the cost price:

90% = Rs 171

1% = 171 ÷ 90 = Rs 1.9

100% = 1.9 x 100 = Rs 190

The cost price of the article is Rs 190.

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STEP 3: Find the selling price:

20% profit = 20% x 190 = 0.2 x 190 = Rs 38

Selling Price = 190 + 38 = Rs 228

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Answer: The selling price is Rs 228.

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⭐$\textbf {Cheers}$⭐