one item sold at a loss of 5% while it's selling price was Rs. 66.5 if want 20% profit on that item, so much is it selling price?
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Profit or Loss is always calculated on the cost price. Marked Price - This is the price marked as the selling price on an article, also known as the listed price. Discount or Rebate - This is the reduction in price offered on the marked or listed price. If an article is sold at a gain of 10%, then SP = 110% of CP.
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