By seeling a sofa set for Rs. 4,500 a shopkeeper loses 10%. For how much should he sell the sofa set so as to gain 10%?

• By selling a sofa set for Rs. 4,500 a shopkeeper loses 10%.
  cp= 4500/0.9= Rs 5000
  sp for 10% gain = 5000*1.1= Rs 5500
• 10 years agoHelpfull: Yes(0) No(0)
• selling price is 4,500 and loss=10% so cost price =(100/100-loss)*selling price
  c.p=4,500*100/90=5000
  so to get a 10 % profit we should sell it at s.p=(100+gain)/100*c.p
  so s.p=110*5000/100=5500.
  
• 10 years agoHelpfull: Yes(0) No(0)
• x-x*10/100=4500
  9x=45000,,,so x=5000=c.p
  to get 10% profit 5000+5000*10/100=5000+500=5500
  so for getting 10% profit he have to sell a sofa set for Rs. 5500
• 9 years agoHelpfull: Yes(0) No(0)