a dealer buys hundred hockey sticks at rupees 50 he sells 25 of them gaining 5% at what price per stick should he sell the remaining 75 hockey stick so as to an overall gain of 20%
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Step-by-step explanation:
Total C.P. = 100 * 50 = 5000 Rs.
20 % gain = 5000*20/100=1000 Rs.
Already 5% gain = 5000*5/100 = 250 Rs.
Remaining gain = 1000 - 50 = 750 Rs.
Remaining items = 75
Gain per each piece needed = 750/75 = 10 Rs.
S.P. = C.P. + Profit = 50 + 10 = 60 Rs. !
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