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Question
answer in steps:
A dealer gets a watch for Rs.375 & spends Rs.15 for packimg it. If he wants to gain 12% profit ,for what price should he sell the watch
answer in steps:
A dealer gets a watch for Rs.375 & spends Rs.15 for packimg it. If he wants to gain 12% profit ,for what price should he sell the watch
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Solution
buying price= 375
packing price = 15
total price= c.p.= 375+15= 390
profit %= (profit/c.p.)*100
12%= (profit/390)*100
12/100= profit*100/390
now by solving ,
profit= 46.8
s.p. = c.p.+profit
s.p.= 390+46.8
s.p.=436.8
packing price = 15
total price= c.p.= 375+15= 390
profit %= (profit/c.p.)*100
12%= (profit/390)*100
12/100= profit*100/390
now by solving ,
profit= 46.8
s.p. = c.p.+profit
s.p.= 390+46.8
s.p.=436.8
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