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By Wiki Mathematics Mcqs Profit and Loss Mcqs No Comments

There would be 10% loss if rice is sold at Rs. 5.40 per kg. At what price per kg should it be sold to earn a profit of 20%

A. Rs. 6
B. Rs. 6.48
C. Rs. 7.02
D. Rs. 7.20

Explanation:

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90 : 5.40 :: 120 : x

X = (5.40 x 120)/90 = 7.20

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