By selling a book for rs 258 , a bookseller gains 20 per .Find how much should he sell to gain 30per.
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Answer:
Price = 258₹
Profit% = 20%
Let's Assume Cost Price = 100₹
Gain% = 20
So Selling Price = 120₹
But the Actual Selling Price = 258₹
= 258 × 100 ÷ 120
= 258 × 5 ÷ 6
= 215 ₹
Now , The Cost Price = 215 ₹
But he wants 30%
Cost Price = 100 ₹
Selling Price = 130 ₹
Cost Price = 215 ₹
Selling Price = ?
= 215 × 130 ÷ 100
= 43 × 13 ÷ 2
= 559 ÷ 2
= 279.5 ₹
Therefore, Selling Price must be 279.5 ₹.
Hope this helps !
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