please solve this question.
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Given mp=300,which is 50% more than cost prise(given) so now cp=200(300÷1.5),and suppose the sp=X
Now new mp=300×1.2(as 20% increased) and new sp=1.2X(20% increase)
According to the question now,1.2X-200=2(X-200) (as profit gets double)
So X=200÷0.8=250,which is the original selling price
Now new mp=300×1.2(as 20% increased) and new sp=1.2X(20% increase)
According to the question now,1.2X-200=2(X-200) (as profit gets double)
So X=200÷0.8=250,which is the original selling price
sureshpawar:
cp should remain the same we have increased only mp and sp as per question. so i think 250 should be the answer
Ok, let me double check the procedure with my teacher. I'll let you know tomorrow. Thanks buddy.
yes bro consult with your teacher. always welcome
hey dear have u clarified
yes. The CP has to be same. I just got confused becoz if the CP doesn't need to be changed then there is no point in giving the increment in MP
so whats the answer finally
250 should be the answer. You were right. Keep up the good work bro.
okk thanks good question keep posting challenging questions like this one
Sure. Will try my best. You are also welcome
yes dear byy
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