a computer manufacturing company sales if computer for Rupees 23000 at 15% profit if the production cost increases by 12% then at what price should he have sold each computer so as to earn a profit of 10%
Answers
Given : A computer manufacturing company sells each computer ₹23,000 and makes a profit of 15% .
manufacturing cost increases by 12%
To Find: what price should he sell each computer to make a profit of 10%
Solution:
CP = x
Profit = (15/100)x = 0.15x
=> SP = x + 0.15x = 1.15x
1.15x = 23000
=> x = 20000
CP = 20000
manufacturing cost increases by 12%
=> New CP = 20000 (1 + 12/100) = 22400
profit of 10% = (10/100)22400 = 2240
New SP = 22400 + 2240
= 24640
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