Mr Gupta has some rice of worth RS 3000. He sold 1/3 of it with 10% loss .By how many percent must the selling price be increased for making 10% profit on the outlay?

20% more of cost price, or 30% more of initial selling price

Step-by-step explanation:

Given:

Total money to be obtained:

Money already got:

Money left to obtain:

Product left to sell, worth of:

The difference:

Required selling price increase:

Or compared to initial price, new SP to be increased by 30%

2nd one in the first row is correct

none.

step-by-step explanation:

m

1

=

5

m1=5

b

=

−

1

b=-1

find the slope and y-intercept of the second equation.

tap for more

m

2

=

0

m2=0

b

=

−

6

b=-6

compare the slopes

m

m of the two equations.

m

1

=

5

,

m

2

=

0

m1=5,m2=0

compare the two slopes in the decimal form. if the slopes are equal, then the lines are parallel. if the slopes are not equal, then the lines are not parallel.

m

1

=

5

,

m

2

=

0

m1=5,m2=0