by selling a flower pot for rs.322, a man gains 15%. At what price should he sell it to gain 20%
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14
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2
Answer:
Rs. 616
Step-by-step explanation:
Let the original price be 'x'.
He gains 15% profit at 322.
Therefore,
322 - x = 15/100 * x
322 - x = 3x/20
322 = 3x/20 + x
322 * 20 = 3x + 20x
6440 = 23x
x = 6440 / 23 = 280
To gain 20% profit, the cost price should be -
x + 20x/100
x + 2x/10
20x + 2x / 10
22x/10
22 * 280 / 10
22 * 28 = 616
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