Rajesh bought a table lamp for 250. At what price should he sell it to get 14.5% profit?
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Rajesh bought a table lamp for 250. At what price should he sell it to get 14.5% profit?
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Answer:
286.25
Step-by-step explanation:
Therefore, Selling price of Table lamp = 250 + 36.25 = 286.25 Rupees. Hence , Rajesh should sell the table lamp for rupees 286.25 to get 14.5 % profit on it.
Verified answer
Answer:
₹286.25
Step-by-step explanation:
Let the profit be ₹x.
x/250 * 100 = 14.5
=> 2x/5 = 14.5
=> 2x = 14.5 * 5 = 72.5
=> x = 72.5/2 = 36.25
∴ Profit = ₹36.25
∴ Selling price = CP + Profit = ₹(250 + 36.25) = ₹286.25