Ramesh bought three suitcases for Rs.500 each. He sold one at a loss of 10%.at what percent profit should he sell the remaining two so as to gain 20% in the total deal?
Answers
Answered by
1
Answer: 30%
Step-by-step explanation:
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Answered by
2
Answer:
35%
Step-by-step explanation:
price of each suitcase=500
loss on the first =10%=500*10/100
=50/-
he sold the first one for 450/-
total cost of 3 cases=1500
to get 20%on total deal he needs to sell all 3 for 1500*20/100 +1500=1800
1800-450=1350/-(this is the price he needs to sell the other 2 for)
profit to be gained is 1350-1000=350/-(on 2 cases)
350/1000*100=35
so he needs to sell both at 35% profit
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