S.P.
15. By selling a bicycle at 1334, a shopkeeper would suffer a loss of 8%. At how much
amount should he sell it to make a profit of 12 %?
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Let x be the cost price
Then selling price = x- 5x/100=95x/100
(1) 95x/100=475
x=(475*100)/95=Rs. 500
(2) Gain = 12% of Rs. 500= 500*12/100=Rs.60
Selling price = 500+60=Rs. 560
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