Given:
Selling Price (SP₁) = Rs. 1500
Profit = Rs. 150
Formula Used:
Cost Price (CP) = SP - Profit
New Selling Price (SP₂) = CP × (1 + Gain%)
Solution:
CP = 1500 - 150 = Rs. 1350
To gain 24%,
Therefore, he should sell the article at Rs. 1674 to gain 24%.
English
80 Questions
160 Marks
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