On selling an article for rupees 7200, of its selling price ,at what price should be sell it to gain 25% on its cost price
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Let x be the cost price of article.
Therefore,
x−10020x=700
x−5x=700
5x−x=3500
x=43500=875
Thus the cost price of article is Rs.875.
Now to make profit of 20%,
Selling price
=875+10020×875=875+175=Rs.1050
Hence, to make 20% profit, the article should be sold for Rs.1050.
Explanation:
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Answer:
7200×125/100 =
7201.25. =9000
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