Question

The cost of a tv is 24000 at what price should the shopkeeper sell the tv so as to gin 15%?

Answer 1

Answer:

27,600

Step-by-step explanation:

The percentage gain that the shopkeeper must make is 15%. So, first take the cost and then add how much extra he must sell it for

1 X 24000 (This is the cost of the tv) + $\frac{15}{100}$ X 24000 (This is the amount that he sells to gain 15%)

1 X 24000 = 24,000

$\frac{24000 X 15}{100}$ = 3,600

24,000 + 3,600 = 27,600