By selling a CPU for Rs.7935, a man makes a profit of 15%. At what price should he sell it to make a
profit of 25%? (in Rs.)
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Answer:
Given
s.p of CPU is rs.7935
profit %=15
let cost price of CPU be x
Now
sp = cost price +profit%/100*cost price
putting the values
- 7935=X+15/100*X
- 7935=X+3x/20
- 7935=23x/20
- x=7935*20*23
- x=345*20
- x=6900
so ,the cost price is6900.
Now,
new selling at the percentage of 25%
according to question
selling price=cost price +profit%/100*cost price
putting all the values
- selling price =6900+25/100*6900
- selling price=6900+1725
- selling price =8625
so,the new selling price is 8625.
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