A person incurs a loss of 6% by selling a watch at RS.423.In
order to get a profit of 6%, the person should sell the watch at
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Answer Posted / suhas
first calculate cost price as
100/94*423=450
Therefore cost price=450
the we want 6% profit
Selling price=106/100*450=477
therefore person should sell watch at Rs 477 to gain 6% profit
| Is This Answer Correct ? | 65 Yes | 9 No |
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