a trader bears a loss of 25% by selling 40 needles for 10/- , how many needles should he sell for 20/- in order to earn a profit of 20% ?
Answers
Answer:
S.P. = Selling price , C.P. = cost price
S.P. of 40 pins = 1
S.P. of 1 pin = 1/40
Since it is at loss of 25%
Edit 1
C.P. of 1 pin = S.P. of 1 pin/0.75
= 01/(40 *0.75) = 1/30
If shopkeeper wants profit of 20% then
New S.P. of 1 pin = 1.2* C.P. of 1 pin
= 1.2 * 1/30 = 0.04
No of pins that could be sold at Rs 1
= 1 / new S.P. of 1 pin
= 1/ (0.04)
= 25
Step-by-step explanation:
Answer:
S.P. = Selling price , C.P. = cost price
S.P. of 40 pins = 1
S.P. of 1 pin = 1/40
Since it is at loss of 25%
Edit 1
C.P. of 1 pin = S.P. of 1 pin/0.75
= 01/(40 *0.75) = 1/30
If shopkeeper wants profit of 20% then
New S.P. of 1 pin = 1.2* C.P. of 1 pin
= 1.2 * 1/30 = 0.04
No of pins that could be sold at Rs 1
= 1 / new S.P. of 1 pin
= 1/ (0.04)
= 25
Step-by-step explanation: