Question

by selling a vcd player for Rs. 1950, i got a profit of 30% .At what price should i sale it in order to get a profit of 40 %?

Answer 1

SP = 1950
profit = 30%

CP = [1950/(100+30)] * 100 = 1500

40% of 1500 = 40/100 * 1500 = 600

SP for 40% profit = 1500 + 600 = 2100