Calvin wants to sell a basic badminton kit to his friends. In that kit, he puts two rackets
worth ₹140 each and a shuttlecock worth ₹80. He wants to have a profit of 25%. For how much
should Calvin sell the kit?
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Answer:
Cost price of 1 racket = ₹140
Cost price of 2 rackets = ₹280
Cost price of the shuttlecock = ₹80
Total Cost Price of the kit = 2 rackets + 1 shuttlecock
= ₹280+ ₹80
= ₹360
Profit% = 25%
Profit = 25/100 * 360
Profit = ₹90
Selling Price (if he wants to gain 25% profit) = CP + Profit
= 360+90
= ₹450
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