Some goods are purchased worth rs 20000what will be the selling price to earn at a profit8% on selling price
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Answer:
Rs. 21600
Step-by-step explanation:
Cost price of goods = Rs. 20000
Selling price of goods to earn a profit of 8% = (1+r/100) X C.P
= (1+8/100) X Rs. 20000
= 108/100 X Rs. 20000
= Rs. 21600
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