Question 34

Nita sold an article for Rs. 220 and earned a profit of 10%. At what cost should she sell to earn a profit of 30% ?

Solution

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CP * 110/100 = 220

So, CP = 200 

To get a profit of 30% 

SP = CP * 130/ 100 = 200 * 130/ 100 = 260 Rs. 

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