By selling a bouquet for 322, a florist gains 15%. At what price should he sell it to gain 25%
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Answer:
He should sell it for 350Rs in order to gain 25%
Step-by-step Explanation :
Given : S.P = 322 Rs
Gain % = 15%
To find : At what price should he sell it to gain 25% = ?
We know that,
Gain % = S.P - C.P / C.P × 100
Substituting the given value in above formula we get,
15 = 322 - C.P / C.P × 100
15C.P = ( 322 - C.P ) × 100
15C.P = 32200 - 100C.P
15C.P + 100C.P = 32200
115C.P = 32200
C.P = 32200/115
C.P = 280 Rs
Now, to gain 25% :
280 × 25/100 = 70Rs
So, Selling price = 280 + 70
= 350 Rs
Hence , he should sell it for 350Rs in order to gain 25%
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