Question

a man buys an article for ₹ 150 and makes overhead expenses which are 10 percent of the cp. at what price must he sell it to gain 20 percent
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Answer 1

Answer:

₹ 300 will be the answer to your question

Step-by-step explanation:

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Answer 2

answer:

CP of the article= 150

with addition of overhead expenses the new cost price will be=

(12/100*150)+150

=168.

Now for the man to gain 5%..

New CP=168

SP for gaining 5% = (5/100*168)+168

=8.4+168

=176.4