A shopkeeper sells an item at Rs 36 and incurs a loss of 10%. At what price should the shopkeeper sell it to gain 30% ?OptionsNone of these563452
Question
Solution 1
To solve this problem, we first need to find the cost price of the item for the shopkeeper.
Given that the shopkeeper sells the item at Rs 36 and incurs a loss of 10%, this means that 90% of the cost price is Rs 36.
So, we can set up the equation: 0.9 * Cost Price = Rs 36
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