Question

An umbrella is sold for 594 at profit 10%. What price should it be sold for at profit 20%
Please answer ASAP

Answer 1

Answer:

•°• New CP = 641.52

Step-by-step explanation:

SP = 594

Profit% = 10%

Profit. = 10% of 594

= 10/100 * 594

= 59.4

•°• CP = SP - Profit

= 594 - 59.4

= 534.6

The price to be sold at Profit 20%.

New CP = CP + (20/100 * CP)

= 534.6 + ( 1/5 * 534.6)

=. 534.6 + 106.92

=. 641.52

•°• New CP = 641.52