By selling a chair for ₹504, a shopkeeper gains 12%,. For how much should he sell it to gain 18%?
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Answer:
Cost price of the chair
X + 12%(X) = $504
X = $ 450
If the chair has to be sold at 18% gain,
$450 × 18% = $81
Selling price = $450+$81= $531
SP-$531
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