By selling a plot for Rs. 41400, there is a profit of 15%. What should be the selling price to gain 25% profit?
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Answer:
₹50, 450
Step-by-step explanation:
For the profit of 15%
Selling price for plot-Rs41400
Cost price-?
CP-(SP*100) /(100+Profit%)
Therefore, CP-(41400*100) /(100+15)
=Rs36000
Now,
For the profit of 25%
Selling price=?
Cost price=36, 000
Profit%=Profit*100/CP
25%=Profit*100/36000
Profit=9000
Now, the SP would be 9000+36000
=₹50, 450
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