If by selling a wrist watch for ₹378,a dealer loses 10%. How much percent would he gain or lose by selling it for ₹462?
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21
Answer:
S.P. of the watch =Rs.378
loss=10%
c.p.=100×s.p./100-loss
100×378/90
420 rs.
assumed s.p.=462
profit =462-420
42rs.
profit percent =profit/c.p.×100
42/420(100)
10%
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