by selling an object in Indian rupees 17000 the shopkeeper gain 20% profit.find the selling price of that objects in NRS to get 25%profit
Answers
selling price of objects in NRS = 28,333.33 to get 25%profit when Selling in Rs 17000 (INR) get 20% profit
Step-by-step explanation:
by selling an object in Indian rupees 17000 the shopkeeper gain 20% profit.
let say Cost Pric e= C
Profit 20 % = (20/100)C = 0.2C
Selling Price = C + 0.2C = 1.2C
1.2C = 17000 INR
=> C = 17000/1.2 INR = 85000/6 INR
25 % Profit = (25/100) * (85000/6) INR
Selling price in INR = 85000/6 + (25/100) * (85000/6)
= 85000 * 1.25 /6 INR
1 INR = 1.6 NRS ( nepalli rs)
=85000 * 1.25 * 1.6 /6 NRS
= 28,333.33 NRS
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By selling an object in Indian rupees 17000 the shopkeeper gain 20% profit.find the selling price of that objects in NRS to get 25%profit
Step-by-step explanation: https://brainly.in/question/13512891
Let the cost price be X.
The shopkeeper sells the objects at 17000/- thereby making a profit of 20%.
∴ x+20% of x = 17000
∴ 6x/5 = 17000
∴ 6x = 17000*5
∴ 6x= 85000
∴ x = 85000/6
∴ x= 14166.66= 14167
The cost price of the object is Rs 14167
The shopkeeper wants to make a profit of 25% by selling the above object.
Selling price = Cost price + 25% of Cost Price
Selling price = 14167+25% of 14167
Selling price =14167+(14167/4)
Selling price = 14167+3541.75
Selling price = 17708.75
The selling price would be Rs 17708.75 in order to make a profit of 25%.
Hope this helps.