If 11% is lost on books sold at 10. 68 rs what was the cost price of the books, at what price should they be sold at to yield a profit of 10%

Question

asked Feb 14, 2023 60.2k views

1 Answer

Kazanaki · Answer 1 · 2023-02-18T15:12:56+0000

Answer:

CP = Rs 500

Explanation:

Given that,

Selling price of a book, SP = Rs 550

Profit percent = 10%

We need to find the cost price of the book. The formula for profit percent is given by :