1.

Ram sold an article for 3480 and earned a profit of 16%. At what price should it have been sold so as to earn a profit of 32.5%?

Answer»

3975



SP = 116 % of CP = 3480 :. CP = 3480 × 100/116 = 3000/-

32.5% of 3000 = 975

:. The expected SP = 3000 + 975 = 3975.



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