Question

while selling an article for rs 18450, a person suffered a loss of 50%. at what price he should have sold the article ( in rs) to earn a profit of 50%

Answer 1

we have to find the cp.
cp=sp*100/100- loss percent
18450*100/100-50
1845000/50
36900
cp=36,900
to earn profit of 50 percent
sp=cp(100+profit percent)/100
36900(100+50)/100
36900*150/100
5535000/100
sp=55,350
to earn profit of 50 percent the object must have to sell at the price of 55,350