Question

by selling an article for rs 300 a man gain rs 25 at what price should he sell the article to gain 20%​

Answer 1

Answer:

SP equal to 300 then gains rupees 25

CP be 300-25=275

SP=100+20/100*275

=120/4*11

=30*11

=330rs

Answer 2

He should sell the article for Rs 330 to gain 20%

Explanation:

Given : The selling price of an article = Rs 300

Gain price = Rs 25

We know that Gain = selling price - cost price

⇒cost price = selling price - gain

⇒Cost price of article  = Rs 300- Rs 25 = Rs 275

For 20 % gain , Gain = 20% of cost price

= $\dfrac{20}{100}\times275=\dfrac{275}{5}=55$

⇒ For 20 % gain , Gain should be Rs 55.

New selling price = Cost price+ Gain = Rs 275+  Rs 55 = Rs 330.

Hence, he should sell the article for Rs 330 to gain 20%​.

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