A shopkeeper purchesed 100 sarees at rs 2000 each .he found that 10 sarees wete defactive and sold these at 1200 each.at what rate should he sell the remaining sarees so as to gain 14% on whole.
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Initial no. of saree = 100, cost of 1 saree = Rs. 2000/-
Total CP = 100* 2000= Rs. 2,00,000/-
For making 14% profit Total SP = CP+ CP* 14/100
Total SP = 200000+ 200000*14/100 = 200000+28000 = Rs. 2,28,000/-
No of defective saree = 10
SP of one defective saree = Rs1200
SP of defective saree = 1200*10 = Rs12,000/-
Therefore SP of good saree =Total SP - SP of defective saree = 228000-12000= Rs2,16,000/-
No. of good saree = 200-10 =190
Rate of good saree = 216000/190 = Rs.1136.84
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