price should he sell the
selling a chuir for 30. a dealer makes a profit of 25%. Find what price did the dealer
Sana bought eggs at 8.40 a dozen. Ar what price per hundred must she sell them so as to earn a profit
& wrong Answer
pay for it?
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3
Answer for 1st question
Cost Price (CP)
Let CP be x
Selling Price (SP) = ₹ 30
Profit % = 25%
Profit % is on CP
This implies that The equation will be
x + 25% of x = 30
x + 1/4 of x = 30
x + x/4 = 30
5x/4 = ₹30
x = 30 × 4/5
x = 6×4
x = ₹24
Answer for 2nd question
Cost per egg =
12
8.4
=0.7
Cost per hundred egg =Rs70
Let selecting price per hundred be Rs.y
⇒
70
y−70
×100=15
⇒10y−700=105
⇒y=80.5Rs
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