by selling an article for rs. 165 , a man loses 4%.find selling price of article in order to gain 28%.
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Step-by-step explanation:
Let's assume that the article was bought at Rs100, hence the cost price (CP) of the article is= Rs 100.
Now the article is sold at 4% loss, so the selling price = 100- (4%of 100).
Selling price(SP) = Rs 96.
So according to the unitary method:
When SP is Rs 96 CP is Rs 100.
When SP is Re 1 CP is Rs 100/96.
When SP is Rs 165 CP is (100/96)*165.
Now we want to sell the article at 28% profit.
Hence the selling price would be 28% more than the cost price.
SP =(100/96)*165+ 28% of (100/96)*165
= Rs 220.
shreya74511:
Thank you so much, it was so helpful
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