by selling an article for Rs 300 a man gains rupees 25 at what price should be and sell the article to gain 25%
Answers
Answered by
1
Step-by-step explanation:
Selling price is 300
Profit is Rs. 25
Cost price= 300-25= 275
To gain 25% we have to find 25% of 300 and then add it to 275
= 25/100 × 275
= 75
= 275+75 = 350
Therefore,the cost price of the article is Rs.275
To gain 25% profit it should be sold for Rs.350.
Answered by
16
Given✳:
The selling price of an article = Rs 300
Gain price = Rs 25
Find✳:
Selling prince of the article to gain 25%
Solution✳:
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
=
=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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