A merchant buys an article for rs 27 and sells it at profit of 10% of the selling price. what is the selling price of the article?
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Answer:
29 rs and 7 paise
Step-by-step explanation:
c.p = rs.27
profit % =10%
s.p =( 100 + profit%)/100 x c.p
s.p = (100 + 10)/100 x 27
s.p = 297/10
s.p =29.7 rs
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