Question

arun bought a second hand music system for rps 2000, he spent rps 400 in its repairing , a selling price of the music system , if he wants to gain 16 2/3 %

Answer 1

Answer:

Selling price should be ₹2800

Step-by-step explanation:

C.P. = ₹2000

additional expense = ₹400

Total cost price = 2400

given profit% = 16(2/3)% =(50/3)%

therefore, (50/3)=[(Profit*100)/total cost price]

therefore, (50/3)=[(Profit*100)/2400]

on solving, Profit=₹400

now Profit=Selling Price(S.P.) - Total cost price

therefore, 400=S.P.-2400

therefore S.P.= ₹2800

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