Question

Rani bought a piece of cloth for rs950 and spent rs300 on designing it. At what price should she sell it to make 30% profit?

Answer 1

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GIVEN :

RANI BOUGHT A CLOTH OF PRICE ;

=> 950 RS

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THE EXTRA EXPENDITURE ON THAT CLOTH :

=> 300 RS

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NOW,

HIS TOTAL INVESTMENT FOR THAT CLOTH :

=> PRICE + EXPENDITURE :

=> 950 + 300

=> 1250 RS

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TO FIND :

=> THE PRICE FOR GETTING 30% PROFIT

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PRICE FOR THE SELLING :

=> 30% PROFIT + INVESTMENT

=> 30% OF 1,250 + 1,250

=> 30 / 100 * 1,250 + 1,250

=> 375 + 1,250

=> 1,625 RS

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SO,

=> HE SHOULD SELL IT FOR RS 1,625 TO GET 30% PROFIT

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THANKS .....

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Answer 2

Solutions :-

Given :
Rani bought a piece of cloth for Rs 950
Spent on its designing = Rs 300
Total cost price of cloth = Rs (950 + 300) = Rs 1250

Find the Selling price of cloth to make 30% profit :-

S.P = C.P + Profit % of C.P
= 1250 + 30% of 1250
= 1250 + 0.3 × 1250
= 1250 + 375
= 1625

Hence,
She should sell it at Rs 1625 to make 30% profit.