A2. In order to increase the sale of toys, a toy seller
decreases the price of all the toys in his shop by
5%. If the original price of each toy is 7650, what is
the reduced price?
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Answer:
the original price is 7650 of each toy
so what is the reduced price=?
let CP =100
hence SP = 95 ( because cost price is decreased by 5 percent)
solution = 95/100*7650
= 95/2*153
=7267.5
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