A man buys an article for 1500 and makes overhead expenses which are at 10 percent of the cost price. Why price must he sell it to gain 20 percent
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Answer:
Step-by-step explanation:
CP = 1500
TOTAL CP WITH EXPENSES = 1500 + 150 = 1650
SP = 1650 + (20/100)1650
= 1650 + 330
= 1980
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