Question

on buying an article for $300 and then selling it A shopkeeper in cause a loss of 11% if the customers all the same article to his friend for a profit of 10% what was the price at which the customer sold the article​

Answer 1

Answer:

Customer sold the article at $293.70

Step-by-step explanation:

The price of article is $300

and Shopkeeper sales the article at 11% loss.

Thus, Shopkeeper sale the article at 300 × 0.89 = $267

Further, Customer sell that same article at 10% profit.

Thus, he sell the article at 267 × 1.10 = $293.70

Answer 2

Answer:

$293.7

Step-by-step explanation:

Cost price of the article=$300

Selling price of the article to the customer=(100-11) % of cost price of article.

=(89/100) ×300=267.

Now the cost price of the article for the customer is $267

Customer makes a profit of 10%.

Selling price of the article by the customer to his friend is (110/100) ×267=293.7

Therefore the customer sells the article at $293.7 to his friend.