Question

A trader sold a table for 600$ and made a profit of 20%.how much would he have to sell to make extra 5%

Answer 1

1ST CASE : SP OF TABLE=600$
PROFIT=20%
CP= 100*600/100+20
=500$
2ND CASE : CP OF TABLE = 500$
PROFIT=25%
SP OF TABLE=100+25/100*500
=125*5
SP=625$