A man bought goods at Rs. 1950 of which he sold at a loss of 12 1/2%.
must be the increased sale price per cent to gain 20% on his outlay by selling the rest?
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Answer:
Let the gain percent be x%.
According to the question,
(110% of 3000)+(100+x)% of 3000=125% of 6000
(110×30)+(100+x)×30=125×60
3300+3000+30x=7500
30x=1200
x=40%
Hence, this is the answer
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