Selling price is 10,240, Ronnie incurred a loss of 20%. If he wanted a make a profit of 6% ,at what price should he have sold it
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selling price = 10240
loss incurred= 20% or 1/5. (so assume 1 is loss on 5 cp then SP will be 5- 1= 4)
now cost price = 10240/4×5 = 12 800
now sold at 6% profit so
new SP= 12800×106/ 100= 13568rs.
loss incurred= 20% or 1/5. (so assume 1 is loss on 5 cp then SP will be 5- 1= 4)
now cost price = 10240/4×5 = 12 800
now sold at 6% profit so
new SP= 12800×106/ 100= 13568rs.
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