Question

a man makes a profit of 15% by selling an article for rupees 250. At what rate should he sell it to make a profit of 38% ?​

Answer 1

Answer:

Here, we have profit=15%

S. P. =250

C.P. of the article at which the man buys it= S.P.×100/100+gain%

250×100/100+15

=25000/115

=217.39

Now,

C.P.=217.39

Profit%=38%

S.P.= C.P.×(100+gain%)/100

=217.39×(100+38)/100

=299.99 answer