Question

Sita sells a dining set to Neeta for Rs.6000 and gains 20% for how much should he sells it to increase her profit by another 5% ​

Answer 1

Sp = 6000

Gain = 20%

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.

Answer 2

If S.P = 6000, profit = 20%, C.P = 5000.

If C.P = 5000, profit = 25%,

Profit in rs. = 5000/100 × 25 = 1250.

S.P = profit + C.P = 5000 + 1250 = 6250.

Hope it helps you.

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