. There would be 10% loss if a toy is sold at Rs. 10.80 per piece. At what price should it be sold to earn a profit of 20%
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Answer:
Total CP = (CP + Overhead expenses)
Total CP =150+12%of150
Total CP =150+
100
12
×150=Rs.168
Given that, gain =10%
Therefore, SP=
100
110
×168=Rs.184.80
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