Question

gains
But, due to competition in the market, he decides to
a mop for Rs.78300.
make a profit of only 10% . what is its new selling
Price ?​

Answer 1

Answer:

If the 1st gain was 16% then

New selling price is 72349.2

All the best

Step-by-step explanation:

what is his 1st gain %??

Question is not complete but if the gain was 16% then the solution is:

Profit according to 16%

= 78300 /100 × 16 = 12528 profit

Cost price= 78300 - 12528 = 65772 cp

Now According to 10%

10% Profit = 65772/100 × 10 = 6577.2 profit

New selling price: 65772 + 6577.2 = 72349.2 Sp

All the best

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