A shopkeeper bought an tv for rupees 500 and sold it for rupees 650 find made profit or loss and find the respective percentagewhat is the selling price when cost price is equal to rupees thousand 650 and gain percent is equal to 4%
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Answer:
selling price= 676
Step-by-step explanation:
s.p.=600
c. p. =500
s.p.>c.p.
profit=100
profit%=profit/c.p.*100
=> 100/500*100
=> 20%
when gain %=4% and c. p. =650
then s.p.=(100+gain%/100)*c.p.
=> (100+4/100)*650
=> (104/100)*650
=> 52*13
=> 676
hence selling price will be 676 rupees
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