The core concept used is the relationship between Cost Price (CP), Selling Price (SP), Profit, and Loss percentages. SP = CP (1 + Profit%/100) or SP = CP (1 - Loss%/100).
Shashi loses 25% by selling oranges at the rate of ₹ 150 per dozen. At what rate should she sell them to get a profit of 20%?
Asked in BPSC Prelims Exam 67th Re Exam · Topic: Agriculture and Allied Sectors (Agricultural Production and Productivity Trends)
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