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Profit and Loss

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  1. A man loses 10% by selling an article for ₹ 180. At what price should he sell it to gain 10% ?
    1. ₹ 220
    2. ₹ 217.80
    3. ₹ 200
    4. ₹ 216
Correct Option: A

CP of the article = (180 x 100)/90 = ₹ 200
To gain 10% SP of article = 110% of 200 = ₹ 220


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