a company reduce the price of an article by 5% by how much% a retailer must incrase the new price so as to sell the aritcle at the old prise
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Answered by
25
Step-by-step explanation:
let initial price was 100
reduced price is 95.
so.. we need to increase ₹5 to sell it at initial price
and we can calculate the percentage value of ₹5 on the basis of 95..
it is..
5×100/95=5.26%
Answered by
17
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