If an article is purchased at ₹x in a profit of P%. Find its selling price. *
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Step-by-step explanation:
When sell price is X loss % =L
but, when sell price is Y gain %=P
For unit cost price with a loss in sell price as L% = S.P={1–0.01L} ,as the S.P is X => the cost price =X/(1–0.01L). Again with a P% gain => new S.P.= {X/(1–0.01L)}×(1+0.01P),as per the question it is Y =>
X/(1–0.01L)=Y/(1+0.01P). Ans..
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