a shopkeeper buys a packet of wafers at ₹120 per packet.At what price should he sell packet to gain 15% p
ease step by step explanation
Answers
Answer:
₹ 138 should be the selling price to gain 15%
step by step explanation:
GIVEN:
Profit % = 15 %
Profit amount = 15/100× 120
Selling Price (S.P) = 120 + 18 = ₹138.
•°• ₹ 138 should be the selling price to gain 15%.
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Given :- A shopkeeper buys a packet of wafers at ₹120 per packet.
To Find :- packet.At what price should he sell packet to gain 15% .
Solution :-
Method (1) :-
→ CP of packet of wafer = ₹120
→ Gain = 15% of CP = (15 × 120)/100 = ₹18
So,
→ SP = CP + Gain
→ SP = 120 + 18
→ SP = ₹138 (Ans.)
Method (2) :-
→ CP of packet of wafer = ₹120
→ Gain = 15%
So,
→ SP = {CP × (100 + gain %)} / 100
→ SP = {120 × (100 + 15)} / 100
→ SP = (120 × 115)/100
→ SP = ₹138 (Ans.)
Hence, the shopkeeper should sell the packet at ₹138 to gain 15% .
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