Question

A shopkeeper decided to make equal rate of profit in each of fancy items. If he sold a jacket costing Rs 4400 for Rs 5060 at what price did he sell the shoes which was purchased for Rs 3420​

Answer 1

RS 3933

Explanation:

cost price = RS4400

selling price =RS5060

now,

profit amount = selling price - cost price

= RS5060 -RS4400

= RS660

profit %= profit amount / cost price * 100%

= RS 660 / 4400 * 100

= RS 15%

case II

profit % =15%

selling price = RS 3420

now,

profit amount = p% of cp

=15/ 100 *3420

=RS 513

selling price = cp +profit amount

= 3420+513

=RS 3933