Question

there would be10% loss if a toy is sold at rs.1080 per piece. at what price should it be sold to earn a profit of 20%

Answer 1

Answer:

It will be sold at Rs 1440.

Step-by-step explanation:

If SP is Rs 90, then CP is Rs 100

If SP is Rs 1080, then CP is Rs (100x1080)/90 = Rs 1200

Now, To earn a profit of 20%,

If CP is Rs 100, then SP is Rs 120

If CP is Rs 1200, then SP is Rs (120x1200)/100 = Rs 1440