At a profit of8%, a shopkeeper sold a calculator for Rs 138240.If he wants to increase his profit by2%,at what price should he sell the calculator??
Answers
Answer:
here is your anwer hope it helps you
Step-by-step explanation:
\sf\large\underline{Given:}
Given:
\bf{The\: selling\:price\:of\: calculator=Rs.1382.40}Thesellingpriceofcalculator=Rs.1382.40
\bf{The\: profit\: on\: calculator=8\%}Theprofitoncalculator=8%
\sf\large\underline{To\: Find:}
ToFind:
\bf{The\: selling\: price\: after\: increasing\: profit\:by\:2\%}Thesellingpriceafterincreasingprofitby2%
\sf\large\underline{Solution:}
Solution:
At 1st calculate the cost price of the calculator than find out the cost of new selling price after increasing the profit by 2% ]
\sf\large\underline{Formula\: used:}
Formulaused:
\rm{\implies CP=\dfrac{100}{100+G\%}\times\:SP}⟹CP=
100+G%
100
×SP
\rm{\implies CP=\dfrac{100}{100+8}\times\:1382.40}⟹CP=
100+8
100
×1382.40
\rm{\implies CP=\dfrac{100}{108}\times\:1382.40}⟹CP=
108
100
×1382.40
\rm{\implies CP=\dfrac{138240}{108}}⟹CP=
108
138240
\rm{\implies CP=Rs.1280}⟹CP=Rs.1280
Now, calculate new selling price after increasing profit by 2% ,here]
\sf\large\underline{Now,\:we\: have:}
Now,wehave:
\bf{\implies The\:cost\: price\:of\: calculator=Rs.1280}⟹Thecostpriceofcalculator=Rs.1280
\bf{\implies Profit\: after\: increasing=8\%+2\%=10\%}⟹Profitafterincreasing=8%+2%=10%
\rm{\implies SP=\dfrac{100+G\%}{100}\times\:CP}⟹SP=
100
100+G%
×CP
\rm{\implies SP=\dfrac{100+10}{100}\times\:1280}⟹SP=
100
100+10
×1280
\rm{\implies SP=\dfrac{110}{100}\times\:1280}⟹SP=
100
110
×1280
\rm{\implies SP=\dfrac{140800}{100}}⟹SP=
100
140800
\rm{\implies SP=Rs.1408}⟹SP=Rs.1408
\sf\large{Hence,}Hence,
\bf{\implies New\: selling\:price\:of\: calculator=Rs.1408}⟹Newsellingpriceofcalculator=Rs.1408
here is your answer
hope it helps you
