Question

On selling an article for rs 240 a trader loses 4℅ . In order to gain 10℅. what will be new selling price​

Answer 1

Answer:

Let cp be x

Let sp be

$\frac{96}{100} x$

so

$\frac{96}{100} x = 240 \\ = > x = 240 \times \frac{100}{96} \\ = > x = 240 \times \frac{25}{24} \\ x = 250$

so profit of 10 % = 100 + 10 = 110 %

$250 \times \frac{110}{100} = 25 \times 11 = 275$

Therefore, He should sell it in rs 275