By selling umbrella at Rs 336 shoopkeper loss 4% at price must he sell it to gain 25%
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Answer:
Selling price = 336
Cost price = 336 + 336×4/100
So, cost price is 336 + 13.44 = 349.44
To obtain 25% profit new selling price should be :
349.44 + 349.44×25/100
= 349.44 + 87.36
= 436.8 Rs
Hope it may be helpful
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