Biraj bought a book for Rs. 200 and sold it to Manish at a profit of 20%. Manish sold that book to Prakash at a loss of 10%. At what price Prakash should sell the book to receive 5% profit?
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Answer:
Given that, CP = Rs.200 and SP = Rs.225
Profit = SP - CP = 225 - 200 = Rs. 25
Gain % = profitCP×100profitCP×100
= 25200×10025200×100
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