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  1. There would be a 10% loss, if rice is sold at Rs. 54 per kg. To earn a profit of 20%, the price of rice per kg will be
    1. Rs. 65
    2. Rs. 70
    3. Rs. 63
    4. Rs. 72
Correct Option: D

Here , S.P. of rice per kg = Rs. 54

∴ C.P. of rice per kg =
54 × 100
= Rs. 60
90

For 20% profit,
S.P. per kg. =
60 × 120
= Rs. 72
100

Using the given formula :
Here , Loss% = 10%
C.P. = S.P.100
100 - Loss%

C.P. = 54100
100 - 10

C.P. = Rs. 60
New S.P. = C.P.100 + Profit%
100

New S.P. = 60 ×100 + 20 = $ 72
100



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