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Alam sold an item for Tk. 6,384 and incurred a loss of 30% . At what price should he have sold the item to have gained a profit of 30% ?

Alam sold an item for Tk. 6,384 and incurred a loss of 30% . At what price should he have sold the item to have gained a profit of 30% ? Correct Answer Tk. 11,856

Required price = Tk. 6384 × (100 + 30)/(100 - 30) = Tk. 11856. Ans: B

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