A table was sold for ₹2,142 at a gain of 5%.At what price should it be sold to gain 10%.
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Answer:
first of all the cost prizes =2142
and profit is 5%
therefore sale price is equal to
2142×(1/20)=107.1
therefore new cost price is 2142 + 107.1=2249 approx
if 10% gain is required then the new gain is is 2249 ×1/10=224.9
hence new selling price is
2249 + 22 4.9=2473.9Rs
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