Question

A man sells a radio-set for 605 and gains
10%. At what price should he sell another
radio of the same kind, in order to gain 16%?​

Answer 1

Step-by-step explanation:

radio set selling price = 605×10÷100=60.5 rs

now,605+60.5=665.5

to earn 16%profit =

665×16÷100=106.4

he must sell it on = 665.5+106.4= 771.9 rs

Answer 2

Answer:

given , a man sells a radio-set for 605 and gains 10%,

110%=605,

100%=(605/110)*100=550,

to gain 16% means,

116%=550+(5.5*16)=638,

therefore,he should sell at 638 to gain 16%profit.