On selling an article for Rs., 170, a shopkeeper loses 15 % . In order to gain 20 %, he must sell th

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7.Profit and Loss

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On selling an article for $Rs.\, 170,$ a shopkeeper loses $15 \% .$ In order to gain $20 \%,$ he must sell that article at rupees

A

$215.50$

B

$212.50$

C

$240$

D

$210$

Solution

$C.P.$ of the article $=\frac{170 \times 100}{85}=₹ 200$

$\therefore \quad$ Required $S.P.$ $=\frac{200 \times 120}{100}$

$=Rs. 240$

Standard 13

Quantitative Aptitude

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