By selling a calculator for rupees 504 Nandu gains 12% for how much should he sell it to gain 18%
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The selling price should be 531 rupees to get 18% profit.
Step-by-step explanation:
Cost price of the calculator = 504 Rs.
percentage gain on calculator = 12%
X + 12%(X) = 504 Rs
X + 12/100 = 504
X = 450 Rs
If the calculator has to be sold at 18% gain,
450 × 18% = 81 Rs
Selling price = 450+ 81= 531
Hence the selling price should be 531 rupees to get 18% profit.
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