by selling a tie for 285 rupees a shopkeeper loses 5% at what price should he sell the tie so as to gain 15%
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selling price is equals to rupees 285
loss is equals to 5%
CP =S.P. × 100 / 100 - LOSS %
= 285×100/ 100 - 5
= 285×100/95
= 15×20=300
C.P. =300
SELLING THE SHIRT WITH 15 %OF PROFIT
C.P. = 300
PROFIT =15%
SELLING PRICE = C.P.×(100+ PROFIT %)/100
300×115/100
= 115× 3= 345 rupees
Step-by-step explanation:
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