Question

by selling an article at rupees 540 a percentage of 12.5% is made in order to double the profit at what price should the article be sold​

Answer 1

Answer:

60

Step-by-step explanation:

112.5% = 540

100% = 540×100/112.5 = 48

48×125/100=60 Ans

Answer 2

The article needs to be sold at Rs.600 in order to double the profit.

Given :

Selling price of the article at 12.5% profit = Rs. 540

To Find :

The selling price of the article for double the profit

Solution :

Let the actual price i.e. Cost Price of the article be X.

Profit made on article = 12.5% of X

Selling Price at 12.5% profit = X + 12.5% of X

                                     $540 = X + (12.5X)/100$

                                     $540 = (100+12.5)X/100$

                                     $540 = 112.5X/100$

                                       $X = (540*100)/112.5$

                                       $X = 54000/112.5$

                                       $X = 480$

Thus, the actual price of the article is Rs. 480.

Selling at double profit i.e. 25% profit calculation :

Profit made on article = 25% of X

Selling Price at 25% profit = X + 25% of X

                                           $=X + (25X)/100$

                                           $= (100+25)X/100$

                                           $= 125X/100$

                                           $= (125*480)/100$

                                           $= 60000 / 100$

                                            $= 600$

Hence, selling the article at Rs.600, double the profit i.e. 25% will be generated.

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