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A jacket is sold for rs. 1540 at the loss of 12%what is the cost price? At what price should it be sold to make the profit of 5 % |
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Answer» Step-by-step explanation: SP = 1540 Loss% = 12% SP = (100-Loss%) * CP/100 1540 * 100 = 88 * CP 1750 = CP Given PROFIT% = 5% Profit = 5/100 * 1750 = 87.5 In order to get Profit of 5% SELLING price should be SP = Profit + CP = 87.5 + 1750 = 1837.5 |
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