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    A trader lost 10% by selling a shirt for ₹850. He will gain x%' by selling it for ₹1530, the value of x is:
    Question

    A trader lost 10% by selling a shirt for ₹850. He will gain x%' by selling it for ₹1530, the value of x is:

    A.

    77

    B.

    52

    C.

    72

    D.

    62

    Correct option is D

    Given:
    A trader lost 10% by selling a shirt for ₹850.
    He will gain x% by selling it for ₹1530.

    Formula Used:
    Profit = Selling Price - Cost Price 

    Profit %=(SPCPCP)×100\text{Profit \%} = \left( \frac{\text{SP} - \text{CP}}{\text{CP}} \right) \times 100​​
    Solution:

    Let the cost price of the shirt be C .

    When the trader sells the shirt for ₹850, he incurs a loss of 10%. The relationship between selling price and cost price is:

    Selling Price=C10% of C=0.90C.\text{Selling Price} = C - 10\% \text{ of } C = 0.90C.​​
    So,
    850 = 0.90C.
    C =8500.90=85009944.44.= \frac{850}{0.90} = \frac{8500}{9} \approx 944.44.
    Now, if the trader sells the shirt for ₹ 1530, the selling price is ₹ 1530. The profit is:
    Profit=Selling PriceC=1530944.44=585.56.\text{Profit} = \text{Selling Price} - C = 1530 - 944.44 = 585.56.​​
    x%=(585.56944.44)×10062%.x\% = \left( \frac{585.56}{944.44} \right) \times 100 \approx 62\%.

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