A trader gains *75.60 when he sells an old almirah a 131 % profit . At what price had he bought the almirah 2
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Step-by-step explanation:
Here 100%+131%=75.60 $
or, 231% = 75.60$
or, 1%= 75.60/231 $
or, 100% = 75.60× 100/ 231 $ = Approximately 32.72 $
It means he bought the almirah for 32.72 $
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