By selling a Article for Rs 270 a .oss of 10% is sufferd Find i) The cp of the article and the price at which the article must be sold in order to gain 12%
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by selling an article for rupees 270 cost of 10% hundred is suffering and find the cop of the article and the price at which the article must be sold in order to gain 12%
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Let cost price of an article be Rs. A
Profit percentage = 10% = loss percentage
Then,
⇒ 10 = [(A - S.P)/A] × 100
⇒ A = 10A - 10S.P
⇒ S.P = 9A/10
Selling price of an article = Rs. 270
Given,
⇒ 9A/10 = 270
⇒ A = 300
∴ Cost price of an article is Rs. 300.
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