Dinesh gains 15% by selling a old car for Rs57960. At what price should he sell to get 21% as a profit ?
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He should sell at Rs.60984 to get 21% as a profit
Step-by-step explanation:
Let the cost price be x
Gain% = 15%
Gain = 15%x=0.15x
SP = CP+Profit = x+0.15x=1.15x
We are given that Selling price is Rs.57960
So,
x=50400
Cp = 50400
Profit = 21%
Sp = CP+Profit = 50400+21%(50400)=60984
Hence He should sell at Rs.60984 to get 21% as a profit
#Learn more:
Dinesh gains 20% by selling his old motorcycle for rs. 25000. at what price must he sells his motorcycle to gain 32% as a profit
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