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Question 86
If a vendor sells a coconut at Rs 14.4 he makes 10% loss. If he wants to make 25% profit, then at what price (in Rs) should he sell?
Solution
Given SP=14.4
loss %=10 %
Therefore 0.9CP=14.4
CP=14.4/0.9
CP=16
Required profit=25%
SP=1.25CP
=(5/4)*16
=20
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