72. A shopkeeper sold an article at Rs. 80, earning a profit of 25%. At what price shou he sell the article to gain 50%? (a) Rs. 100 (b) Rs. 96 (C) Rs. 108 (d) Rs. 98
Answers
Step-by-step explanation:
100 (•‿•)is the correct
Given:
A shopkeeper sold an article at Rs. 80, earning a profit of 25%. At what price should he sell the article to gain 50%? (a) Rs. 100 (b) Rs. 96 (C) Rs. 108 (d) Rs. 98
To find:
At what price should he sell the article to gain 50%?
Solution:
Finding the C.P. of the article:
The S.P. of the article = Rs. 80
The profit percentage = 25%
Therefore,
The C.P. of the article is,
=
=
=
=
Finding the new S.P. if the gain is 50%:
The gain percentage = 50%
Therefore,
The new S.P. of the article is,
=
=
=
=
=
Thus, the shopkeeper should sell the article at Rs. 96 to make a profit of 50%.
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