Question

A painting is purchased for 2,000 and sold for 2,400. At what price should the painting be sold to double the profit percentage?
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Answer 1

Answer:

Profit for selling the painting at Rs. 2400

= 2400 - 2000 = Rs. 400

If we double the profit then, it will be 400 * 2 = Rs. 800.

So, SP should be = 2000 + 800 = Rs. 2800 Ans.

Step-by-step explanation:

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Answer 2

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

double profit percent=40%

double profit percent=40%=(40/100*2000)+2000

=2000+1600

=3600