John bought a music system for $260. For how much should he sell the music system to gain 10%?
Answers
Answered by
15
Answer:
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your answer is here !
Step-by-step explanation:
Given cost price of the music system = $260
Gain% = 10%
We know, selling price = (100 + gain%)cost price/100
= (100 + 10)260/100
= (110)260/100
= 110 × 260/100
= $286
Therefore, he should sell the music system for $286.
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Answered by
3
Profit required: 260*10/100
=26
Therefore he should sell it at $(260+26)
or $286
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