Question

A shopkeeper bought fertilizers worth $8000 from the city and brought it to hus village. He spent $520 on transportation. If he wants to make an overall profit of 20%, for how much should he sell the whole material

Answer 1

cp = 8000+520= 8520
selling profit = 20%
$\frac{sp}{cp} = \frac{100 + r}{100} \\ \frac{sp}{8520 } = \frac{120}{100 } \\ sp = 852 \times 12 = 10224$

Answer 2

he should sell in $10224