By selling an article for Rs.102, there is a loss of 15%, when the article is sold for
Rs.134.40, the net result in the transaction is
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Given in question , Selling Price of article = $ 102 and Loss = 15%
C.P. of article =
100
× S.P.
100 – loss percent
C.P. of article =
100
× 102 = $ 120
100 – 15
On selling at Rs. 134.40,
Gain = $ (134.4 – 120) = $ 14.4
∴ Gain percent =
14.4
× 100 = 12%
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