A towel is sold for Rs.198 at a gain of 10%. What is the cost price of the towel? At what price must it be sold to gain 25%
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Answer:
222.75
Rs
Step-by-step explanation:
towel selling price= 198
profit of 10% i.e
10/100*198=19.8 rs
therefore original price =198-19.8=178.2 rs
now to gain 25% profit it has to be sold for
178.2+25/100*178.2=222.75 rs
hope it helps
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