a publisher sells a book for rs 168 at a profit of 20% face cost of production increases by 30% what should be the increase in the price of the book so that his percentage profit remains the same ??
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x+x×1/5=168
5x+x/5=168
6x/5=168
Sp1=x=168×5/6=28×5=140
20% value 28 rupees
1%=28/20=1.4 rupee
30%=42
new cp2 is 182 and cp1 was 140
now the profit percentage 20% should be constant so we should consider this 20% for new cp for selling rate
i.e.,
Sp2=182×120/100=182×1.2=218.4
now the increase of the process can be found by Sp2-Sp1=218.4-168=50.4
50.4 is the increased cost may be what is the answer? if this is correct give me a like so that I can understand this is correct
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