B) Rahul sold a laptop for 20,000 (a) If he incurred a loss of 20%, find the cost price of the laptop. (b) Find the amount for which he should have sold the laptop to gain a profit of 10%
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Answer:
(a) 25,000 (b) 27,500
Step-by-step explanation:
(a) Let the CP = x
then, x * 80% = 20,000
x = 20,000 * 100/80
x = 25,000 = CP
(b) Now here the CP will be 25,000.
So, SP = 25,000 + 25,000*10%
= 25,000 + 2,500 = 27,500
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