Question

a factory was sold at a loss of 12% . if the factory would have been sold for rs. 210,000 more , than there would have been a profit of 18% . at what price , the factory should have been sold to make a profit of 22%
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Answer 1

Answer:

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Answer 2

The factory should have been sold for Rs.8,54,000 to make a profit of 22%.

Given,

A factory was sold at a loss of 12%.

If the factory had been sold for rs. 210,000 more than there would have been a profit of 18%.

To Find,

At what price should the factory have been sold to make a profit of 22%?

Solution,

First, we have to find the cost price of the factory.

Cost price = selling price / (100 + profit%) ×100.

The selling price of the article = Rs. 2,10,000.

Let C.P. be 100x

Sold at 12% loss = 88x

Sold at 18% profit = 118x

118x - 88x = 2,10,000

x = 2,10,000/30

x = 7000

C.P. = 100×7000

= Rs.7,00,000

22% profit = 22% of 7,00,000.

= 1,54,000.

The factory should have been sold for Rs.8,54,000 to make a profit of 22%.

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