https://www.jiskha.com/questions/1758940/A-shopkeerper-lost-10-by-selling-an-article-for-Rs-1200-at-what-price-should-he-have
Why are you posting the same question, again and again, only a minute or two apart?
Why are you posting the same question, again and again, only a minute or two apart?
at 10% loss he sold it at 90% of cost
.9x = 1200
x = 1200/.9
wanted to make 10% profit, so should sell it for ...
1.1x = 1.1(1200/.9) = ....
Behold the perils of re-posting the same question without giving it a reasonable time
https://www.jiskha.com/questions/791116/by-selling-an-article-for-rs-1200-the-shopkeeper-lost-10-percent-at-what-price-he
Let's assume the cost price (CP) of the article is 'x' rupees.
According to the given information, the shopkeeper sold the article for Rs 1200 and incurred a loss of 10%.
Loss = 10% of CP = (10/100) * x = x/10
We can now calculate the selling price (SP) at which the article was sold:
SP = CP - Loss (Since it's a loss)
= x - (x/10)
= (10x - x)/10
= 9x/10
Since the shopkeeper wants to gain 10%, the new selling price (SP) should be increased by 10%:
New SP = SP + 10% of SP
= SP + (10/100) * SP
= SP + SP/10
= (9x/10) + (9x/10)/10
= (9x/10) + (9x/100)
= (90x/100) + (9x/100)
= (99x/100)
The shopkeeper should have sold the article for (99x/100) rupees to gain 10%.
However, in the given question, the cost price (x) is not mentioned. So, it is not possible to determine the exact price at which the shopkeeper should have sold the article.