Question

A man bought a table fan for RS.600.At what price should he sell it so as to get a profit of 15%?

Answer 1

Cost price (c.p) of a table fan =Rs600 Profit (g)=15% Selling price(s.p) = c.p(100+g)/100 = 600(100+15)/100 =600*115/100 =6*115 = 690 Selling price = Rs690

Answer 2

15℅ of Rs 600=Rs 90 So to gain profit of 15% he must sale table fan in 600+ 90= Rs 690