The cost of making a painting increased by 18% as a result of the increase in the cost of
paints. A painter revised the selling price of painting so as to maintain the same profit
percentage as before. However, he found that he now got $ 9 more than the earlier
profit by selling each painting. What was the earlier profit per painting?
Need the ans soon !
pls give crt ,ans ,!
Answers
the cost of making a painting increased by
The cost of making a painting increased by 18% as a result of the increase in the cost of paints. A painter revised the selling price of painting so as to maintain the same profit. percentage as before
Let,s consider the cost price = Rs 100
And also consider Selling price = Rs X
∴ profit will be = ( SP -CP)
= ( X-100)
profit % will be = (X-100)%
According the question, the new cost price will be =18% of 100 = 118
∴ profit will be 118% of ( X-100)
According the sum,[118/100 ( X-100) -( X-100)] = 9
⇒( X-100) ( -1) =9
⇒( ) ( x-100)=9
⇒ ( X-100) =9
⇒ ×9 = (X-100)
⇒ =(X-100)
⇒ ( X-100) = 50
⇒x= 100 +50
⇒X= 150
Hence earlier profit per painting was = ( SP- CP0 = ( 150 -100) = Rs 50
Ans :- The earlier profit per painting was Rs 50.
#SPJ3