Question

on selling a calculator for rs 1620/- a person gains profit of 8% .for how much he sell it to gain 12%​

Answer 1

Answer:

For 1620 he is receiving 8%profit for 12% profit he must sell for 2430 ruppes

Answer 2

Given:

The selling price of the calculator = Rs. 1620

Profit percentage on the S.P = 8%

To find:

How much should be the selling price to gain 12%.

Solution:

Let us first find the cost price. The cost price will be:

CP = 1620 - 8/100*CP

CP = 1620 - 0.08CP

1.08CP = 1620

CP = Rs. 1500

The required selling price to gain 12% profit will be:

SP = 1500 + 12/100*1500

= 1500 + 0.12*1500

= 1500 + 180

= Rs. 1680

The required selling price will be Rs. 1680.