A dealer suffers a loss of 10% by selling an article for ₹2520.At what price should he sell it to make a profit of 4%? Pls ans it correctly no irrelevant answers....
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Answer:
Answer. Hence he has to sell at Rs. 2358.72 to make a 4% profit.
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Answer:
Selling price = Rs 2520
Loss = 10%
cost price = selling price×100/(100-loss percent)
= 2520×100/90
= 2800
So the cost price is Rs 2800
If the needs 4% profit
Selling price = 2800×(100+4)/100
= 28/104
= 2916
so he should sell for Rs 2916
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