If Madhu sold an article at certain price and earned some profit. If she would have sold it at
of that price, she would have incurred a loss of 10%. Find his gain percentage by selling the article at its original price.
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Step-by-step explanation:
Given=
- Madhu sold an article at certain price and earned some profit.
- If the article is to be sold at 2/3rd of that price, then she would have incurred 10 percent loss.
To find=Gain percentage(profit percent) by selling the article at its original price .
Let the selling price be "x"
Let the gain percentage be "y"
2/3 rd of x would have incurred loss of 10 percent.
:2/3×x=10/100....divide 10 by fraction.
:2/3×x=1/10.........Cross multiply.
:x=3/20
:x=0.15
Therefore,
0.15 ×30 =4.5
profit percent=4.5-loss percent
=4.5-10
=3.5
Therefore, 35 percent.
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