A person gained 20% by selling an article for rs.240 . At what price must he sell it to gain 10%?
Answers
Answered by
2
Let the actual price be x
Then the price after 20% gain=
↦ x + x x 20/100
↦ x+x/5
↦ 5x+x/5 6x/5
But, according to question,
↦ 6x/5 = 240
↦ 6x = 1200
↦ x = 200.
Then price at 10 percent gain: =
↦ 200 + 200 × 10-100
↦ 200 + 20
= Rs 220 Ans
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