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Question

A car is sold for 3,98,178 and get 10% profit how much it should be sold to get 15% profit

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Solution

Selling price of car = 398178, profit = 10%

we know,
Selling price x 100
Cost price = -----------------------------
( 100 + profit% )

398178 x 100
= -----------------------
100 + 10

398178 x 100
= ---------------------
110

3981780
= -------------- = 361980
11



Now 15% profit of 361980 = 361980 x 15/100 = 36198 x 15/ 10 = 54297

therefore, Selling price = cost price + profit = 361980 + 54297 = Rs. 416277 Ans.


or

for 15% profit,

CP x (100+profit%) 361980 x 115 36198 x 115
SP = --------------------------- = ------------------- = ---------------- = Rs.416277
100 100 10

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