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By selling 80 ball pens for $ 140 a retailer loses 30%. How many ball pens should he sell for $ 104 so as to make a profit of 30%?
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- 32
- 52
- 48
- 42
Correct Option: A
Here , S.P. of 80 ball pens = $ 140
On 30% loss ,
∴ C.P. of 80 ball pens = S.P. × | 100 - Loss% |
C.P. of 80 ball pens = 140 × | = $ 200 | 70 |
For a gain of 30% ,
S.P. = | = $ 260 | 100 |
∴ $ 260 = 80 ball pens
∴ $ 104 = | × 104 = 32 | 260 |