Question

Mr.A bought mobile for Rs.12000.at what price should he sell it so as to get a profit of 30%

Answer 1

C.P = rs 12000

Desired gain = 30% =30% on C.P = 30% of 12000

∴S.P = 100+gain%/100×C.P=100+30/100×12000=Rs 15600

Hence,to get a profit of 30%,he should sell it for Rs 15600.(ans)