Question

A man bought an article for rs. 1215 and spent rs.35 on its transportation. at what should he sell the article to gain 16%

Answer 1

cp of article = rs 1215
cost spent in transportation = rs 35

therefore , total cost price = rs 1215+35 => rs 1250

gain = 16%

sp = (100+gain%)/100×cp
=> sp = (100+16)/100 × 1250
=> sp = 116/100 × 1250
=> sp = 116×125/10
=> sp = 14500/10 => 1450 rs



hope this helps