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Profit and Loss Practice Test 9
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© examsnet.com
Question : 32
Total: 40
The difference between SP and CP of a chair is Rs 96, when it is sold at a loss of 12%. Find the selling price of the chair.
Rs 704
Rs 693
Rs 756
Rs 874
None of these
Validate
Solution:
12% loss on CP = Rs 96
C
P
=
96
×
100
12
CP = Rs 800
SP = 800 - 96 = Rs 704
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