This year the profit of factory was 15℅ more than last year .This year was Rs17480 .What was it price.
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Answered by
3
115/100*p=17480
price=15200
price=15200
Answered by
6
present year profit = Rs17480
profit percentage = g= 15%
let last year price = Rs x
x = (present year profit *100)/(100+g)
= (17480 *100)/(100+15)
= (17480*100)/115
=Rs15200
∴
last year price = x= Rs 15200
profit percentage = g= 15%
let last year price = Rs x
x = (present year profit *100)/(100+g)
= (17480 *100)/(100+15)
= (17480*100)/115
=Rs15200
∴
last year price = x= Rs 15200
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