By selling a bouquet for ruppes 322,a florist gain 15% .at what price should he sell it to gain 25% ?
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The sold price should be 350 Rs to get 25% gain.
Step-by-step explanation:
Let Cost Price be = x
Sold Price =322 Rs
- Sold Price =(100+P%)/100 x Cost Price
Sold price = (100+15)/100 x x
Sold price = (115/100) x x
322 = (115/100)*x
x=(322 x 100)/115
x=280 which is the Cost Price.
- According to formula.
Sold Price =(100+25%)/100 x 280
SP = (125/100) x 280
SP = 350 Rs
Thus the sold price should be 359 Rs to get 25% gain.
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