Question

can anyone help me to solve this problem ?

if goods are purchased for Rs.1500 and one fifth of them sold at a loss of 15% then at what profit percentage should the rest be sold to obtain a profit of 15%?

Answer 1

the goods costing 300(1/5th of 1500) are sold for rs.255(300-45).we have to get total profit of 15% so we have to sell goods for rs.1725.we have got rs.255 so we have to get only rs 1470 for goods costing 1200.It means profit required=(1470/1200*100) =122.5%