Given:
Selling price(SP)= Rs. 540
Formula used:
AT loss%
Cost price (CP) = SP x (100/(100- loss%))
Selling price = CP (100- Loss%)/100
Calculation:
SP of the goods = Rs. 540
=> CP of the goods = 540 x 100/90 = Rs. 600
New SP of the goods at 5 % loss
Rs. 600 x 95/100
=> Rs. 570
selling price is Rs. 570.
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90 Mins English English100 Questions100 Marks90 Mins English English100 Questions100 Marks90 Mins EnglishBy selling an article for ₹21, a dealer makes a profit of 20%. By how much should he increase his selling price (in ₹) so as to make a profit of 50%?
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The cost price of article A is ₹ 500 more than the cost price of article B. Article A is sold at a loss of 10% and B is sold at a profit of 20%. If there is a profit of ₹200 in the entire transaction, then the cost price of article A is :
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