Question

By selling a basket for Rs 19.50 a shopkeeper gains 30%what is the CP For how much should be sell it to gain 40 %

Answer 1

Step-by-step explanation:

Let the C.P be x

A/Q x+30% of x=₹19.50

x+30/100×x=₹19.50

x+30x/100=₹19.50

100x+30x/100=₹19.50

130x/100=₹19.50

x=₹19.50×100/130

x=₹1950×100/130×100

x=₹15

Hence,the C.P of the basket is ₹15

To make a profit of 40%:-

40%×15=40/100×15=6

S.P=C.P+Profit

S.P=₹(15+6)

S.P=₹21