A shopkeeper bought an article for ₹520.
A shopkeeper bought an article for ₹520. At what price (in ₹) should he sell the article to make 10% profit?
एक दुकानदार ने ₹520 में एक वस्तु खरीदी। 10% लाभ प्राप्त करने के लिए उसे वस्तु को किस मूल्य (₹ में ) बेचना चाहिए?
Detailed Solution & Logic
Correct Answer:
572
Cost Price (CP) = ₹520
Profit = 10%
Selling Price (SP)= CP + Profit = CP$ \left(1 + \frac{10}{100}\right) $
SP = $ 520 \times \frac{110}{100} $
$ SP = 520 \times 1.1 = ₹572 $
Answer = ₹572
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