If a saree is sold for Rs 1900 the seller will face 5% loss, at what price (in Rs) should he sell the saree to gain 15% profit?Options2200250023002400
Question
Solution 1
To solve this problem, we first need to find the cost price of the saree.
Given that the seller faces a 5% loss when the saree is sold for Rs 1900, we can set up the following equation:
95/100 * Cost Price = Rs 1900
Solving for Cost Price gives us:
Cost Price = Rs 1900 / (95/100) = Rs 2000
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Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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