4. Seeta sells a dining set to Neeta for * 6,000 and gains 20%. For how much should she
sell it to increase her profit by another 5%?
Answers
Step-by-step explanation:
Answer:
To gain a profit of 25% she has to sell it for Rs.6250.
Step-by-step explanation:
Given : Seeta sells a dining set to neeta for ₹ 6000 and gains 20%.
To find : How much should she sell it to increase her profit by another 5%?
Solution :
Let the CP be = Rs. x
Seeta sells a dining set to neeta for ₹ 6000 and gains 20%.
i.e, x + 20\% \text{ of } x = 6000x+20% of x=6000
\frac{120x}{100}= 6000100120x=6000
x= \frac{6000\times 100}{120}x=1206000×100
x= \frac{600000}{120}x=120600000
x=5000x=5000
We got CP = Rs. 5000
New profit = 25%
SP = 5000 + 25\% \text{ of } 5000SP=5000+25% of 5000
SP = 5000 +\frac{25}{100}\times 5000SP=5000+10025×5000
SP = 5000 +1250SP=5000+1250
SP = 6250SP=6250
Therefore, To gain a profit of 25% she has to sell it for Rs.6250.