Anjali sold an item for 14,000 and suffered loss of 30%. Find the cost price of the item. Also, find the price at which Anjali must have sold the item to make a profit of 30%.
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Step-by-step explanation:
Given sold Price = 14000
loss percentage = 30 %
loss price = 14000× 30/100 = 140×30 = 4200
Cost Price = sold Price +loss price
= 14000+4200
= 18200
Cost Price = 18200
profit Price = 18200 × 30/100 = 182 × 30 = 5460
sold price = Cost Price + profit Price
= 18200 + 5460
= 23660
the price at which Anjali must have sold the item to make a profit of 30% is 23660 .
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