A dealer losses (200 when he sells an article at a loss of 10%. Find the
selling price (S.P.) of the article.
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Answer:
Let the cost price be x
Then, x−10 % x=240
90% x=240
x=240×
90
100
x=266.67
For a profit of 20%, the selling price should be = 266.67×120%
= 266.67×1.2= 320
Step-by-step explanation:
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