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What per cent of selling price would be 34% of cost price if gross profit is 26% of the selling price ?

Asked Sep 07, 2023 Modified Sep 07, 2023 Viewed 0 times
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Mathematics
asked Sep 07, 2023 at 09:12
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Let the selling price of the article = Rs. 100 ∴ Profit = Rs. 26 ∴ Cost price of the article = 100 - 26 = Rs. 74 ∴ Required % = (34 x 74)/100 = 25.16%
answered Sep 07, 2023 at 09:12
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