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QUESTION
Q
On selling an article for Rs.170, a shopkeeper loses 15%. In order to gain 20% he must sell the article at rupees ?

Solution

Selling Price (SP) = Rs.170Loss Percentage (LP) = 15% Let Cost Price (CP) = Rs aCP = (100 x SP)/(100 − Loss %)a = (100 x...

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Solution

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Keynote

CP = (100 x SP)/(100 − Loss %) SP = ((100 + Gain %) x CP)/100  

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