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A shopkeeper incurs a loss of 10% by
selling a toy at 459. At what price must
he sell it in order to get a profit of 10%?
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Answer:
sp=561
Step-by-step explanation:
let cp=100u
100u-sp / 100u *100=10
100u-sp / 100u =10/100
100u-sp=10u
100u-10u = sp
sp=90u=459
u=5.1
cp=510
To get 10% profit he must sell at 561
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