A Shopkeeper lost $10 %$ by selling an article for Rs. $1200$ . At what price should he have to sold the article to gain $10 %$ ?

1400

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1466.67

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1567

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1450

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Solution

The correct option is B $1466.67$
$S P = 1200$
$l o s s = 10 %$
$C P = S P \times \frac{100}{100 - l} = 1200 \times \frac{100}{90} = 1333.33 (a p p r o x)$
$g a i n = 10 %$
$S P = C P \times \frac{100 + P}{100}$
$= 1333.33 \times \frac{110}{100} = 1466.67$

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A Shopkeeper lost 10% by selling an article for Rs. 1200. At what price should he have to sold the article to gain 10%?

The correct option is B 1466.67SP=1200loss=10%CP=SP×100100−l=1200×10090=1333.33(approx)gain=10%SP=CP×100+P100=1333.33×110100=1466.67

A Shopkeeper lost $10 %$ by selling an article for Rs. $1200$ . At what price should he have to sold the article to gain $10 %$ ?

The correct option is B $1466.67$
$S P = 1200$
$l o s s = 10 %$
$C P = S P \times \frac{100}{100 - l} = 1200 \times \frac{100}{90} = 1333.33 (a p p r o x)$
$g a i n = 10 %$
$S P = C P \times \frac{100 + P}{100}$
$= 1333.33 \times \frac{110}{100} = 1466.67$