selling price of the T.V. set.
Seeta sells a dining set to Neeta for 6000 and gains 20%. For how much should she
sell it to increase her profit by another 5%
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Answer:5250
Step-by-step explanation:
S. P=6000
Gain=20%
We have to find out 1st c.p.
Just assume c.p=100.
C. P=100 profit=20% so, S. P=120
C. P=100 at S. P=120
C. P=x at S. P=6000 ( given)
So, X=C.P=5000.
Now, profit of 5% on C. P
So,5% of C. P(5000) =250
So, sp=profit+C.p
= 5000+250
S. P=5250.
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