Question 35

By selling an item for ₹ 696 Unnati incurred a loss of 13%. By how much should she have raised the price to gain a profit of 10%?

Solution

Selling Price=Rs 696 loss percent=13%
SP=0.87*CP
CP=696/0.87
CP=Rs 800
Given profit=10%
SP=1.1*800
SP=Rs 880
Raised SP=880-696
=Rs 184

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