A merchant fixed the selling price of his articles at Rs.700 after adding 40% profit to the cost price. As the sale was very low at this price level, he decided to fix the selling price at 10% profit. Find the new selling price.

1)rs.450

2)Rs.490

3)Rs.500

4)Rs.550


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    Rs.550

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  • Exam: SSC Combined Higher Secondary Level 2012





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