Question

P bought an article for Rs. 1200 and sold it at a
profit of 10%. What would have been the increase in the profit percent if it was sold for Rs. 13802​

Answer 1

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Answer 2

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GIVEN :-

Bought an Article for ₹1200.

Sold at Profit of 10%.

TO GIVEN :-

What would have been the increase in the profit percent if it was sold for Rs. 13802.

SOLUTION :-

Cost Price ( C.P ) = ₹ 1600

New Selling Price ( S.P ) = ₹ 1840

So,

The New Profit

= ₹1840 - 1600

= ₹ 240.

Therefore,

The New Profit%

= ( New Profit / C.P ) × 100.