By selling an articles at ₹75 a man gains 25% At which price should that article be sold to make a profit if 40%
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Step-by-step explanation:
sp=75
p%=25
cp=100/(100+g%) ×sp
cp=100/125 ×75
cp=20×3
cp=60
now, if profit%=40%,
sp=(100+g%)/100 ×cp
sp=(100+40)/100 ×60
sp=140/100 ×60
sp=14×6
sp=84
he should sell it at 84rs
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