Question

Profit earned after selling an article for rs.700 is 14 2/7 % more tha profit incurred when it is sold for rs. 650. what would be the s.p if he wants to earn a profit of 25%

Answer 1

c.p is = 700/100*100/2
=350/-
1) if 650/- s.p.
350/-c.p.
so ...300 is the profile
%of profile is = 100*300/650
= 46.15%
2) if profile is 25% then s.p.
=350/75*100
=467/-