A toy shop gains 10% when a rocking horse is sold. If it had been sold for Rupees 108 less then there would have been a loss of 5% on the sales. Find the CP of the rocking horse.
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according to the question 10.80 is the 80%of original price then
90=10.80*100/x (x is the original price )
x=10.80*100/90
x=12 rs so
we need 20 %profit then
we need to calculate 120%of x
120=y*100/12 (y is the price with 20 % profit)
120*12/100=y
y=14.4rs
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