4. On selling an article for 2,640, a profit of 10 percent is made.
Find : (1) cost price of the article.
(ii) new selling price of it, in order to gain 15%.
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Answer:
1.Ans: RS.2400 and 2.Ans: RS.2760
Step-by-step explanation:
1.Ans:s.p=RS.2640 and profit=10%
c.p=s.p×100/100+profit%
c.p=2640×100/100+10
c.p=2640×100/110
c.p=RS.2400
2.Ans:c.p=RS.2400 and gain=15%
s.p=c.p×(1+gain%/100)
s.p=2400×(1+15/100)
s.p=RS.2760
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