Question

A seller sell a watch at 2400₹ getting a loss of 20℅ on what price he must sell it to make a profit of 15 ℅?​

Answer 1

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Given, percent profit =16%, C.P. =2400

Their are 80 articles.

Profit = CP × % profit

=2,400×10016=384

So, SP = CP+ profit

=2,400+384=2784

SP of one article =802784= Rs. 34.80