seeta sells a dining set to neeta for ₹6000.and gains 20% for how much should sell it to increase her profit by another 5%
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here's the solution . hope it helps.
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Given, SP = 6000
Gain = 20%
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Let the CP be = Rs. x
or, x + 20% of x = 6000
120x/100 = 6000
x = 600000/120
x = 5000
We got CP = Rs. 5000
New profit = 25%
SP = 5000 + 25% of 5000
= 5000 + 25/100 * 5000
= 5000 + 1250
= 6250
So, to gain a profit of 25% she has to sell it for 6250.
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