a table was bought for Rs 800. at what price must it be sold in order to gain 15 percent. answer with solution
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Answer:
Rs. 920
Step-by-step explanation:
Cost price = Rs. 800
Selling price = 800 + 15% of 800
So, we need to find 15% of 800, and add it to get the answer.
15% of 800 = 15/100 x 800
If we cut both zeroes from 100 and 800, we will get:
15 x 8 = 120
Now we will add 120 and 800.
120 + 800 = 920
.: The table must be sold at Rs. 920 to gain a 15% profit.
Hope it helps! :)
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