Question

By selling an article for Rs 598, a man loses 8%. At what price should he
sell to gain 12%?

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Answer 1

Answer:

Now here is your answer

Step-by-step explanation:

Principal = rs 598

Loss rate = 8%

Profit rate = 12%

Loss=

$\frac{8}{100} \times 598 \\ = 0.08 \times 598 \\ = 47.84 \: or \: 48 \: as \: justify \\ \\ amount = principle - loss$

A= P-L

A= 598-47.84 or 48

A= 550.6 or 550

therefore the amount need to get the profit rate of 12

Profit=

$\frac{12}{100} \times 598 \\ = 0.12 \times 598 \\ = 71.76 \: or \: 72$

$598 + 71.76 \: or \: 72 \\ = 669.76 \: or \: 670$

therefore to get the profit rate of 12 he/she need to sell the article of Rs 669.76 or Rs 670

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