by selling a flower pot for $322 a man gains 15% . At what price should he sell it to gain 20%?
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Answered by
9
SP of Flower Pot=322Rs
Gain%=15%
Let CP be 100
Therefore SP=Rs115
CP...........SP
100..........115
x...............322
x=322*100/115
x=32200/115
x=280Rs
CP=280Rs
Gain%=20%
Let CP be 100
CP...........SP
100.........120
280.........x
x=280*120/100
x=33600/100
x=Rs336
Hope this helps..if yes.. Pls Mark As Brainliest
Gain%=15%
Let CP be 100
Therefore SP=Rs115
CP...........SP
100..........115
x...............322
x=322*100/115
x=32200/115
x=280Rs
CP=280Rs
Gain%=20%
Let CP be 100
CP...........SP
100.........120
280.........x
x=280*120/100
x=33600/100
x=Rs336
Hope this helps..if yes.. Pls Mark As Brainliest
JrmRockzzz:
pls mark as Brainliest
Answered by
19
Let the cost price of the flower pot be Rs "x".
Selling price = Rs 322.
Profit = Rs (322-x)
Profit % = (Profit * 100)/CP
or, [(322-x) * 100]/x
Acc to the question, [(322-x) * 100]/x = 15.
or, 32200 - 100x = 15x
or, 115x = 32200
or, x = 32200/115
or, x = 280.
Therefore, the cost price is Rs 280.
Now, let us assume that he sells it Rs "y" to make a profit of 20%.
Profit = Rs (y-280)
Profit % = [(y-280) * 100]/280 = 20
or, 100y - 28000 = 5600
or, 100y = 33600
or, y = Rs 336
He should sell it at Rs 336 to gain 20%. [Ans]
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