Question

Q. Umbrellas are bought at Rs. 7200 per dozen. Find the prices at which they may be sold per hundred, so as to gain 12%.

Answer 1

Answer:

Cost of one umbrella= 7200/12 = Rs 600

Cost of 100 umbrellas = 60000

Selling price of 100 umbrellas= 60000*1.12 = Rs 67200

Answer 2

Answer:

Cost of 1 umbrella = 7200/12 = 600.

Cost of 100 umbrellas = 600 ×100 = 60000

S.P= 60000 × 1.12

S.P = ₹ 67200