Question

rahim purshaed an item for 125 and spent another 16% of his intial purchase price on gi20% profit what is the sold price

Answer 1

Answer:

125*16%=20

Total cost =20+125=145

profit price =145*20%=29

selling price = 145+29 = 174 rupies

Answer 2

Answer:

Selling price = 174 Rs.

Step-by-step explanation:

given data  

 Rahim purchased an item at a cost price  = 125 Rs

 the percentage of amount spent on item = 16% of 125

 gained percentage on selling = 20%

here we need to find selling price of the item

from given data

the amount spent on item after purchase = $\frac{16}{100} (125)$  

                                                                      = $\frac{16}{4} ( 5)$  = 4(5) = 20 Rs.

the total amount spent by Rahim on the item = 125+20 = 145 Rs.

from given data gained percentage = 20%  

selling price of the item S.P =  $\frac{100+gain} {100} (C.P)$  

                                               = $\frac{100+20}{100} (145)$  

                                               = $\frac{120}{100} (145)$      

                                               = 174 Rs