An article is sold at loss of 15 percent if it is being sold at 30.60 Rs more he would have gained 10 %. To earn profit of 9 % at how much it should be sold?
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Answer:
Rs 133.416
Step-by-step explanation:
An article is sold at loss of 15 percent if it is being sold at 30.60 Rs more he would have gained 10 %.
Let say Article cost Price = Rs C
Sold at 15 % loss
15% loss = (15/100)C = 0.15C
Selling Price = C - 0.15C = 0.85C Rs
10% Gain = (10/100)C = 0.1C Rs
Selling price with 10% gain = C + 0.1C = 1.1C Rs
0.85C + 30.6 = 1.1C
=> 0.25C = 30.6
=> C = 122.4
Cost Price = Rs 122.4
9 % profit = (9/100) * 122.4 = 11.016
To earn profit of 9 % it should be sold for = 122.4 + 11.016 = Rs 133.416
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