Find the selling price when i) c.p= ₹ 56.25, gain = 20% ii) c.p= ₹4850, loss= 12%
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Answer:
Step-by-step explanation:
For (I)
Cp=₹56.25
Gain=20%
SP if profit is given=≥ (100+gain%/100)cp
SP=(100+20/100)56.25
120*5625=68500
Hence the sp =68500 if cp is 56.25 and gain is 20%
(ii)
CP=₹4850
Loss=12%
SP in loss= (100-loss%/100)CP
SP=42680/10
SP=₹4268
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