Question

10. A refrigerator was bought for rupees14700. At what price should it be sold to have a gain of 12% ?
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Answer 1

Answer 16464

Step-by-step explanation:

Answer 2

Answer:

Cost price of refrigerator =Rs.12000

Selling price of refrigerator =Rs.13500

Therefore,

Profit = Selling price − Cost price

∴ Profit =13500−12000=Rs.1500

Now as we know that,

Profit %=

C.P.

profit

×100

∴ Profit %=

12000

1500

×100=12.5%

Hence the profit % is 12.5%.

HOPE THIS HELPS YOU