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 On selling an item for Rs 276 a person gains 15%. In order to gain 35%, What should be the increase in its selling price ?

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 On selling an item for Rs 276 a person gains 15%. In order to gain 35%, What should be the increase in its selling price ?

A). Rs. 48

B). Rs. 50

C). Rs. 56

D). Rs. 61


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Answered by on | Votes 0 |

Rs. 48



Let the cost of item be x.
 ∴ x + x x 15/100 = 276
or, x = 27600/115 = 240
For 35% gain, selling price
= 240 + 240 x 35/100 = 240 + 84 = 324
∴ Required increase in price = 324 - 276 = 48

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