Question

By selling an old washing machine for rs5500,a man loses 20% for how much should it be sold to gain 12%?
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Answer 1

Explanation:

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Answer 2

Ans

Let original price be x

5500=x - 20*x/100

5500=80x/100

x=55000/8=6875

Original price=Rs 6875

Gain=6875*12/100=Rs 825

Price=Gain + Original price=Rs (6875 + 825) = Rs 7700

Therefore, the washing machine should be sold at a cost of Rs7700 to gain a profit of 12%.

Explanation:

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