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A car dealer sold a car for ₹73,600 and incurred a loss of 8% for what price should he have sold it so as to gain 8% |
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Answer»
A CAR DEALER SOLD a car for ₹73,600 and incurred a loss of 8% for what price should he have sold it so as to gain 8%
= ₹864
SP=₹736 Loss=8% CP= 100/100-L%×SP = 100/100-8 ×736 = 100/92 ×736 = ₹800 CP= ₹800 Gain=8% SP= 100+G%/100 ×CP = 100+8/100 ×800 = 108/100 ×800 = ₹864
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