Practicing Success
If I sell a cycle at ₹3600. I make a profit of 20%. At what price I need to sell to make a profit of 10%? |
₹3500 ₹3250 ₹3300 ₹3450 |
₹3300 |
At 20% profit: C.P. = 100R, Profit = 20R and Selling Price = 120R ATQ, S.P. = 3600 120R = 3600 1R = 30 Now, at 10% profit: C.P. = 100R, Profit = 10R and Selling Price = 110R Therefore, 1R = 30 S.P. = 110R = 110 × 30 = Rs.3300/- |