A person by selling an article for Rs. 180 loses 10%. In order to make a profit of 10% at what price he must sell?
Answer: 220
Explanation
Given, Loss =10 %=> CP
CP−SP ×100=10
=> CPCP−180 ×100=10
=>CP−180=0.1CP
=>0.9CP=180
=>CP=200
To make a profit of 10 %, he must sell it at SP=CP+10 % of CP =200+20=Rs. 220
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