Manish bought 1000 pencils for 3000 and sold 200 of these at a gain of 5%. At what gain per cent he
must sell the remaining pencils so as to gain 15% on the whole transaction?
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Answer:
S.P = 3000*115/100 = 3450 Rs. Hence the remaining should be sold at 17.5% profit to get an overall gain of 15%. Hope it helps.
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