By selling a watch for ₹720,ravi loses 10%. At what price should he sell it in order to gain 15%
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Answer:
1st step find the cost price
SP=720
LOSS %=10
we have
SP=CP-LOSS% ON CP
or,720=x-10%on x(let cp=x)
or,x=800=CP
NOW FIND THE SP FROM SUCH CP AND PROFIT
SP=CP+PROFIT% ON CP
or,sp=800 +15%on 800
hence SP=920
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