Candies cost Rs 24 a dozen. At what price per hundred should they be sold to make a gain of 12%
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Answer:
Rs227.27
Step-by-step explanation:
12candies=Rs24
1candy=Rs2
100candies=Rs200
CP=200
profit%=12%
SP=( 100÷(100-p%))×CP
=(100÷(88))×200
=(20000÷88)
=227.2727
therefore, SP=227.27
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