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There would be a 10% loss, if rice is sold at Rs. 54 per kg. To earn a profit of 20% the price of rice per kg will be.1. Rs. 722. Rs. 663. Rs. 784. Rs. 68 |
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Answer» Correct Answer - Option 1 : Rs. 72 Given: S.P = Rs. 54/kg Loss = 10% Formula used: C.P = S.P × [100/(100 – Loss%)] Calculation: C.P = Rs. 54 × (100/90) = Rs. 60 To earn 20% profit S.P = Rs. 60 × (120/100) = Rs. 72 ∴ The price of rice will be Rs. 72/kg |
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