Question

A man makes a profit of 15% by selling an article for Rs. 250. For what amount should
he sell it to make a profit of 38%?

Answer 1

Step-by-step explanation:

$\huge\mathfrak{\underline{\underline{\red{Answer:-}}}}$

original selling price = 7250

profit= 15%

let the cost price of article be *x

X+ 15% of x = 250

- 1.15x = 250 => 115x = 100 = 250 115x = 25000 => x= 25000 = 115

+ x = 5000/ 23

+ cost price of article = 5000/ 23

+ required profit = 38%

= 38% of 5000/ 23 = 0.38 x 5000/ 23

= 1900/ 23

required selling price to gain 38%

= cost price + required profit

= (5000/ 23) + (1900/ 23)

= 6900/ 23 = 300

${Required \: selling \: price = 7300}$