Question

Ramesh biys a book for rs. 500 how much should he sell it for to gain a profit lf 12%

Answer 1

Solution :

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C. P. of the book = 500

Gain = 12 %

S.P. = 112% of 500 -------------------------------- [( 100 + profit% / 100) x C.P.)]

$\frac{112}{100} X \ 500= 560$

So, Ramesh should book for Rs 560 to gain 12% profit.

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