PRICE = 220/0.88 × 1.1 - 220/0.88 = 275 - 250 = 25Detailed solution∶S.P = 220Loss percentage = 12%⇒ 12 = [(C.P - 220)/C.P] × 100⇒ 12C.P = 100C.P - 22000⇒ 88C.P = 22000⇒ C.P = 250To make a profit percentage of 10%, SP should be,⇒ 10 = [(S.P - 250)/250] × 100⇒ 100 = 4S.P - 1000⇒ S.P = 275∴ Required difference = 275 - 250 = Rs. 25

"> PRICE = 220/0.88 × 1.1 - 220/0.88 = 275 - 250 = 25Detailed solution∶S.P = 220Loss percentage = 12%⇒ 12 = [(C.P - 220)/C.P] × 100⇒ 12C.P = 100C.P - 22000⇒ 88C.P = 22000⇒ C.P = 250To make a profit percentage of 10%, SP should be,⇒ 10 = [(S.P - 250)/250] × 100⇒ 100 = 4S.P - 1000⇒ S.P = 275∴ Required difference = 275 - 250 = Rs. 25

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Junko sold an item for Rs. 220 at a loss of 12%. By how much should she have raised the selling price above the cost price to make a profit of 10%?

Arithmetic Ability Profit And Loss in Arithmetic Ability 8 months ago

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Short trick∶Required PRICE = 220/0.88 × 1.1 - 220/0.88 = 275 - 250 = 25Detailed solution∶S.P = 220Loss percentage = 12%⇒ 12 = [(C.P - 220)/C.P] × 100⇒ 12C.P = 100C.P - 22000⇒ 88C.P = 22000⇒ C.P = 250To make a profit percentage of 10%, SP should be,⇒ 10 = [(S.P - 250)/250] × 100⇒ 100 = 4S.P - 1000⇒ S.P = 275∴ Required difference = 275 - 250 = Rs. 25

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