by selling sugar at ₹5.58per kg ,a man loses 7%.at what rate it must be sold in order to gain 7% ?
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Answered by
11
Given:
The sugar selling price is 5.58 Rs / KG
SP = 5.58
CP (Cost Price) = ?
Loss % = 7%
Gain % = ?
CP = ( 100 / 100 - Loss%) * SP
= (100 / 100 - 7 ) * 5.58
= 6
Hence CP = 6 Rs.
SP = 5.58 Rs.
In order to get 7 % Profit
=7*CP/100
=7*6/100
= 0.42 Rs
= CP + 7% Profit
= 6 + 0.42
= 6.42 Rs.
Answered by
7
I sold 6.42 Rs than we get 7% profit.
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