Question

By selling a book for 150 rupees a person gain 20% at what price should he sell it so as to gain 25%

Answer 1

Answer:

Rs. 156.25

Step-by-step explanation:

cost price of any article is 100%

then it means he sold books on 120%

means 120% = Rs. 150

then he want to sell at 25% profit means selling price will be 125%

if 120% = 150 then 125% = (150/120)×125

(15×125)/12 = 625/4 = 156.25

so price should be Rs. 156.25 to get 25% profit.