specified.
Example 4 A person sells an article for Rs 360 at a loss of 10%. For
what price should he sell the same article to gain 20%.
Solution Since he collo th
It means that
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1
Answer:
Let the cost price be x
Then, x−10 % x=240
90% x=240
x=240×
90
100
x=266.67
For a profit of 20%, the selling price should be = 266.67×120%
= 266.67×1.2= 320
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