1.

Arunika brought some articles and sold half of them at Rs. 22103 thereby making a profit of 15%/ At what price should sell the rest of them so as to earn a profit of 25% on the remaining half?1). Rs. 259472). Rs. 235283). Rs. 271304). Rs. 24025

Answer»

Solution

Let the cost price be CP.
Profit = .15CP
Profit = Selling Price - CP
1.15 CP = 22,103
CP = 19,220
Now to OBTAIN 25% profit, we have to SELL them at 1.25 CP = 1.25*19220 = 24,025



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