Anand buys an article for Rs. 600 and spends some amount on its repair. If he sells it for Rs.900, he loses 4%. At what price should he sell it to gain 8%?
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Answer:
900 is total article cost and spent repair cost of article
96 % means loss of 4% out of 100%
900=96%
? =108%
900*108/96
?=1012.5
he should sell at a cost of 1012.5 to gain 8% profit
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