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When a product is sold for Tk. 18700, the seller loses 15%. At what price mus be sold in order to gain 15%?
At 15% lossIf selling price 85 tk. then cost price=100 tk.∴If selling price 18700 tk. then cost price=100×1870085=22000tkAgain, at 15% profitIf cost price 100 tk. then selling price =115 tk.∴If cost price 22000 tk. then selling price =115×22000100=25300tk∴selling price 25300 tk. (ans)
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