7. Bananas are bought at the rate of 12 for 10. Find at what price should each banana be sold to gain 50%?
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Step-by-step explanation:
Selling price = ₹18
Step-by-step explanation:
Profit%=50%
Cost price=₹12
Profit%= (Profit x 100) / cost price
Profit= Profit% x Cost price / 100
= 50 x 100 / 12
Profit = ₹6
selling price= Profit + cost price
= 6 + 12
=₹18
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