Harshal bought an article for 380 and he spent 20% of selling price on repairing. Although he got a profit of 20% , then what will be the selling price of that article?
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Answer:
the selling price of that article is 501.6Rs
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Let Selling price of article = Rs X
cost price of article = Rs 380
Add repair expensive =20/100 × X
Actual CP = 380 + 20/100 X
Sellingprice=CP×(100+profit)/100
X=(380+20/100X)×120/100
X=456+24/100X
X−24/100X=456
100X−24X=45600
76X=45600
X=600
ANSWER : selling price of article = Rs 600
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