If I sold his CD player for rupees 4250 then he lost 15% find the selling price of the CD player so I can gain 20%
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Dear Student,
◆ Answer -
Desired selling price = Rs 6000
● Explanation -
If CD player is sold for Rs 4250, then 15% loss.
SP = CP (100-loss%)/100
4250 = CP (100-15)/100
CP = 4250 × 100 / 85
CP = 5000 Rs
Now, to obtain 20% profit,
SP' = CP (100+profit%)/100
SP' = 5000 × (100+20)/100
SP' = 5000 × 120/100
SP' = 6000 Rs
Therefore, CD player should be sold at Rs 6000 to get 20% profit.
Best luck dear...
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