SOLUTION: A merchant buys an article for Rs 27 and sells it at a profit of 10% of the selling price . what is the selling price.
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Question 980496
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A merchant buys an article for Rs 27 and sells it at a profit of 10% of the selling price . what is the selling price.
Answer by
macston(5194)
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If profit is 10% of selling price, cost is 90%, so:
Selling price = Rs 27/.90 = Rs 30