Question

Seeta sells a dining set to Neeta for Rs6000 and gains 20%. For how much should she sells it to increase her profit by another 5%
?

Answer 1

See let the original price be x
x+20%×x=6000
120x/100=6000
x=6000×100/120
x=5000
To gain profit of 25%
5000+25%×5000
5000+1250
6250
So seeta had to sell the dining set at 6250 to gain profit of more 5%

Answer 2

Seeta sells a dining set to neeta for ₹6000 and gains 20%

Here, SP = ₹6000

Gain% = 20%

CP = SP*100/100+gain%

= 6000*100/100+20

= ₹ 5000

We have to find for how much she sell it to increase her profit by another 5%

So,

Her total profit = (20+5) %

= 25%

CP = ₹5000

Gain% = 25%

SP = CP*100+Gain%/100

= 5000*100+25/100

= ₹6250

Hope it will help you!!!!!!