Question

If marked price of an article is 1600 more than cost price. after the discount of rs. 500. on marked price a person sells this article at 25% profit. find the selling price of article if he had to sell it on 30% profit?

Answer 1

5740..................

Answer 2

Answer:

Step-by-step explanation:Let the CP of article be rs.x

Then, marked price of article=x+1600

Discount given =rs.500

Therefore, SP = x+1600-500= x+1100

Now, profit percentage=25%

Therefore ,

1\4 = 1100\x * 100

X= 4400

Now for 30% profit

SP = 130% of 4400 = 5720