Question

A florist makes a 25% profit at an event by selling roses for $1250.
What is the new selling price of roses if the florist wants to gain 30% profit?

Answer 1

Answer:

$1300

Explanation:

When SP is $1250,

Profit = 25%

Let the CP of roses be x.

125% of CP = SP

125/100 × x = 1250

x = 1000

Hence, CP of roses = $1000

Now, profit = 30%

Hence, SP = 130/100 × 1000 = $1300

Answer 2

Explanation:

see

given that

the florist makes a 25%profit at an event by selling roses for $1250

therefore now the ques. is saying that the florist wants to gain 30%profit so what is the new selling price

therefore

rise in profit% =(30%-25%)

=5%

therefore

=$1250+$1250×5%

=$1250+$62.5

=$1312.5

therefore new selling price=$1312.5

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