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If I sell a cycle at Rs. 3600, I make a profit of 20%. At what price I need to sell to make a profit of 10%.

Solution

Correct Option: 3

Let CP be xx. 6x5=3600\frac{6x}{5} = 3600, so x=3000x = 3000. For 10% profit, SP =3000×1.10=3300= 3000 \times 1.10 = 3300.

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