Question

A shopkeeper sold some articles at the rate of Rs.35 per article and earned a profit of 40%.At what price each article should have been sold so that 60% profit was earned​

Answer 1

Answer:

40

Step-by-step explanation:

Selling price=140% of cost price

Cost price = 35*100/140 = 25

Then, 60% of cost price = 60/100*25 = 15

To set a profit of 60% the selling price=15+25=Rs.40