A watch sold for rs 448 gives a profit of only 12%.Find the profit % if the selling price had been rs 512
Share
A watch sold for rs 448 gives a profit of only 12%.Find the profit % if the selling price had been rs 512
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Profit =Rs.
100
12x
∴ Selling price =Rs. (x+
100
12x
)=Rs.
100
112x
According to the problem
448=
100
112x
∴ x=400
∴ Cost price of eatch =Rs. 400
New Selling price =Rs. 512
∴ Profit =Rs. (512−400)=Rs. 112
∴ Profit %=
400
112
×100=
28%
Please mark me as brainlist please