Geeta made a profit of 25% on cost price by selling an article. How much it presents on selling price?
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we first take out the cost of eggs per 100
let x be the cost of eggs per 100. then,
8.40/12 = x/100 <direct proportion>
= 8.40×100 = 12x
= 840/12 = x
= 70 = x
the cost of eggs per 100 is Rs70.
15% of 70 = 15/100×70 = 10.5
70+10.5 = 80.5
Geeta must sell the eggs at the cost of Rs80.50 per hundred to earn a profit of 15 percent.
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