Question

On selling a calculator for Rs1325, a man gains 6%.For how much should he sell it to gain 12%?

Answer 1

1400/-

Step-by-step explanation:

We know,

C.P = S.P x 100 / 100 + Gain%

=> C.P = 1325 x 100 / 100 + 106

=> C.P = 1250/-

12% of C.P = 12/100 x 1250 = 150

1250 + 150 = 1400

∴ He has to sell it for 1400/- to get 12% gain.