Question

when an item sold at 9000, the seller loses 10%.At what price must the item be sold In order to gain 20%?​

Answer 1

Question:

When an item sold at 9000, the seller loses 10%.At what price must the item be sold In order to gain 20% ?

Answer:

Rs. 12000

Explanation:

Selling Price (S.P) = Rs. 9000

Loss% (L%) = 10%

So , Cost Price (C.P) = 100/100-L% × S.P

                                  = 100/90 × 9000

                                  = Rs. 10000

Now, Cost Price (C.P) = Rs. 10000

Gain% = 20%

So, Selling Price (S.P) = 100+G% /100 × C.P

                                    = 120/100 × Rs. 10000

                                     = Rs. 12000

Hence, The seller should sell the item at Rs. 12000 In order to Gain 20% .

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Answer 2

Step-by-step explanation:

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