A man bought 20 kg of sugar for Rs. 100 At what price per kg must he sell it to gain 20%
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Step-by-step explanation:
To find the value of one kg sugar,
100 / 20 = 5
Price of 1 kg sugar is rs.5.
To gain of 20%,
On 100%we get gain by selling it for rs. 120%.
120/100 = x/5
120×5/100 = x ( by cross multiplication)
600/100 = x
6 = x
10 + 6 = 16
He must sell sugar for rs.16.
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