Shashi sold a bicycle for ₹648 thereby losing 10% in the transaction. If she wanted to make profit of 20% at what price should she have sold the bicycle?
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Step-by-step explanation:
let the total cost of a bicycle is ₹x
Shashi sold a bicycle for ₹648
10% loss is there 10%x
therefore,648 = 90% of total cost
648 = 90/100x
648 = 9/10x
x = 648×10/9
x = 72×10
x = 720₹
20% profit = 20/100×720
= 144₹
total cost of bicycle after 20%profit = 648 + 144
= 792₹
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