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By selling a shirt for Rs 285 a shopkeeper loses 5%. At what price should he sell the shirt so as to gain 15%? |
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Answer» Let the CP of the shirt be Rs.x. Its SP with 5% loss becomes Rs ( x-x*5/100) =Rs19x/20 By the problem 19x/20=285 =>x=(285*20)/19=300 Hence the CP= Rs300. So SP with 15% profit =Rs(300+300*15/100)=Rs345 |
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