An almirah was bought for 14630 and 240 spend on its transportation at what price should he sell to gain 15%
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cost price = 14630 + 240 = 14870
Profit Percentage = 15%
selling price = ?
we know that
cost price + cost price × profit Percentage = selling price
= 14870 + 14870×15%
= 14870 + 2230.5
=17100.5 = selling Price
Profit Percentage = 15%
selling price = ?
we know that
cost price + cost price × profit Percentage = selling price
= 14870 + 14870×15%
= 14870 + 2230.5
=17100.5 = selling Price
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