Question

A painting is purchased for $ 2,000 and sold for $ 2,400. At what price sgould the painting be sold to double the profit percentage​

Answer 1

Answer:

Profit percentage=S.P-C.P/SP*100=$400/2000*100=20%

double profit percent=40%

=(40/100*2000)+2000

=$2000+$1600

=$3600

Answer 2

Step-by-step explanation:

A painting purchased at Rs 2000 and sold for Rs 2,400, then the profit =Rs 400

Profit percentage=400/2000*100=20%

Double the profit percentage=20*2=40%

Sale price to get double profit percentage=2000*140/100=Rs 2800