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Question

On selling a watch for ₹250, a shopkeeper loses 10% . For how much he should sell so as to gain 10% .

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Solution

Let the Cost price of the Chair is X.
SP = X - 10% of X
250 = 0.9X
X = 277.77
CP = Rs. 277.77.
So, To gain 10%, SP would be
= 277.77 + 10% of 250 =Rs. 302.77

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