Question

By selling an article Rs. 26,670 a man gain 5%. What should be the selling price if he wants to make 12%profit?

Answer 1

in problem gain 5% means 105% = 26670

now we find 100% = ?

(26670×100)/105= 25400

clearly 100 % = 25400

now we find 12% profit means 112 % = ?

so (25400 ×112)/100 = 28448

finally he wants 12% profit the item is sold 28448 RS