Seeta sells a dining set to Neeta for 6000 rupees and gains 20% for how much should he sell it to increase her profits by 5%
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Answer:
C.P. of the dining set=6000×(100/(100+20))=6000×(100/120)=5000
S.P. of the dining set for Increased profit =5000×((100+20+5)/100)=5000×(125/100)=6250
she should sell the dining set at Rs. 6250 to increase her profit by 5%
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