sold an almirah for Rs. 1275 and suffered a loss of 155. Find the cost price of the almirah. At what price should he sell it to gain 5% ?
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Answer:
cp=1430 Profit=71.5
Step-by-step explanation:
cost price (CP) = selling price (SP) + loss
CP= 1275+155
Cp=1430
to gain 5%
5/100×1430
143/2=71.5
He should sell the almirah at Rs (1430+71.5) 1501.5 to gain 5% profit.
hope this will help you✌
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