There is 10% profit if an article is sold for Rs. 440. What should its S.P. be to gain 30%
profit?
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Answer:
Sales Price = Rs 520
Step-by-step explanation:
Assume sales price Rs 110 then profit Rs10
Then Sales price Rs 440 then profit Rs ?
Profit = (Rs 440 X Rs 10)/ Rs 110
Profit = Rs 40
Value Rs 400 plus Profit 30 % of Rs 400
Sales Price = Rs 400 + Rs 120 = Rs 520
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