A table was bought for rs 800 at what price it must be sold in order to get 16%profit
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Answer:
Hence selling price of the table will be Rs 928
Step-by-step explanation:
In context to questions asked
We have to determine the value selling price of table
As per questions
We have
Cost price of table = Rs 800
Profit % = 16%
As here profit% is 16%
means there will be profit of 16% of CP
So the value of SP will be
SP = CP +16%™of CP
So for determining the value of SP,
we will put the value given in the questions
Thus we will get
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