the prize of a shirt is Rs. 800/-.it is sold at Rs. 880.Find the gain percentage
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Answer:
Given : Selling Price (SP) =880 Rs. and Loss Percentage =20%
Let's assume cost price (CP) =x Rs.
We know that, SP=CP−
100
CP×Loss Percentage
⇒880=x−100
x×20=54x
⇒x=4
880×5
=1100
∴SP=1100 Rs
Now, for a gain of 10%,
SP=CP+100
CP×Profit Percentage
=1100+100
1100×10
=1210 Rs.
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