by selling a book for Rs 150 a person gains to 20% at what price should he sell it so as to gain 25%
Answers
Answered by
16
Because cost price of any article is 100%
then it means he sold books on 120%
means 120% = 150Rs
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 156.25Rs to get 25% profit.
then it means he sold books on 120%
means 120% = 150Rs
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 156.25Rs to get 25% profit.
Similar questions