A shopkeeper makes a profit of 20 percent on selling a radio for ₹840. for how much should he sell another radio whose cost price is ₹25 more than the first one,to make the same percentage profit?
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Answer:
Case 1:
S.P of transistor=840 Rs.
Profit=20%
Then C.P.=(
120
100
)×840=700Rs.
Case 2:
C.P.of transistor =700+25=725 Rs.
Profit=20%
ThenS.P=(
100
120
)×725=870Rs.
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