Question

a man bought a cow for RS 2,500 at what price should he sell so that he may gain 12%

Answer 1

Find the gain amount:

Gain = 12% x 2500 = 0.12 x 2500 = Rs 300

Find the selling price:

Selling price = 2500 + 300 = Rs 2800

Answer: The selling price should be Rs 2800

Answer 2

cp of cow=2500 sp=? p%=12% hence: 100+12%=112% so we can say that:- 112% of cp = sp 112/100×2500=sp 2800=sp he should sell his cow at rs 2800 so as to gain a profit of 12%.