Question

If an article is sold for Rs178 at a loss of 11%then what should be its selling price in order to earn a profit of 11%

Answer 1

Answer:

Rs. 222

Step-by-step explanation:

Selling Price (SP) = 100 -11= 89% of Cost price

c. p 178 = c. p *89/100

c. p = 100 *178/89=200

Therefore For 11% profit, the S.P will be S.P = 200 * 111/100= 222 Rs