Question

if the profit of an artical is 62.5% . find the sellin price ?​

Answer 1

Answer:

Let x be the cost price; then

(24-x)*100/x = Q; also

(24-x)*100/24 = 62.5*Q/100

(24-x)*100/24 = .625*(24-x)*100/x

=>x = 24*.625 = 15

=>Q=60%

Therefore, the new selling price = 24*1.6 = Rs.38.40

alternatively,

We can use convenient number. let Q be 20.

This implies c.p. is 20 and s.p. is 24. When you interchange, the loss is 100/6%.

If loss is 100/6% then c.p. is 20; actually we have to find for 62.5*Q%, which is equal to 12.5% or 100/8%.

If loss is 100/8% , then c.p. is 15. This implies Q is 60%.

Therefore, the required s.p. is 24*1.6=Rs.38.40

5.5K views

View upvotes

26

Related Questions (More Answers Below)