An item is sold for 1610 at a profit of 15%. What would havebeen the gain or loss percent had it been sold
for 1554?
1) 10%
2) 11%
3) 12%
lo
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Step-by-step explanation:
15%=3/20
Let cp=20
So
Sp=20+3=23
23=1610(given)
1=70
Cp=20×70=1400
Now sold at=1554
Profit=1554-1400=154
Profit %=154/1554×100=9.09%
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