Answer:
Rs. 23520
Step-by-step explanation:
Given that :
At 12% profit ; sales price = 18,816
At (12 + 3)% profit ; sales price = x
Hence,
0.12 = 18,816
0.15 = x
Cross multiply ;
0.12x = 0.15 * 18816
0.12x = 2822.4
x = 2822.4 / 0.12
x = 23520
Hence, sales price for a 3% increaa in profit should be Rs. 23520
Answer: 2/3 (two thirds)
Explanation: Divide both denominator and numerator by the common factor of fourteen
