Question

There would be 10% loss if a doll is sold at Rs. 20 per piece. At what price should it be sold to earn a profit of 10%?

Answer 1

Step-by-step explanation:

Given There would be 10% loss if a doll is sold at Rs. 20 per piece. At what price should it be sold to earn a profit of 10%?

• Selling price be Rs 20 and loss is 10%
• So we have cost price = 100 / 100 – loss x SP
•                                     = 100 / 100 – 10 x 20
•                                     = 100 / 90 x 20
•                                     = Rs 22.22
• Now new selling price = 110% of 22.22
•                                     = 110 / 100 x 22.22
•                                       = 24.4
• So it should be sold at Rs 24.4 to earn a profit of 10%

Reference link will be

https://brainly.in/question/2027573