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A dealer gained a 10% profit by selling an article for Birr 330.00. what was original price of the article​

User Aanal Shah
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1 Answer

9 votes

Final answer:

The original price of the article can be found by dividing the selling price of Birr 330.00 by 1.10, resulting in Birr 300.00, which is the price before the 10% profit was added.

Step-by-step explanation:

To find the original price of the article before the dealer gained a 10% profit, we need to work backwards from the selling price of Birr 330.00. The selling price represents 110% of the original price, because 100% is the original and the 10% is the profit on top of that. Therefore, to find the original price, we divide the selling price by 1.10 (which represents the 110%).



The calculation would be: Original Price = Selling Price / 1.10



So, if the selling price was Birr 330.00, we divide that by 1.10:



Original Price = 330 / 1.10 = Birr 300.00



The original price of the article was therefore Birr 300.00.

User George Hanson
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