The answer is a because set of probalitie
Answer: New Price = Rs. 1408
Step-by-step explanation: Selling Price = Rs 1,382.4
Profit = 8%
Increased Profit = 10% (we'll discuss that later)
Costing Price:
Let CP be x
x = 1382.4 - 0.08x
=> x+0.08x = 1382.4
=> 1.08 x = 1382.4
Dividing both sides by 1.08
=> x = Rs 1280
So, the cost price is Rs 1280
Now, Let's discuss about the increased Profit:
Profit %age = 10%
Profit = Profit %age * CP / 100
Profit = 12800/100
Profit = Rs. 128
New Price:
New Price = CP + Profit
New Price = 1280+128
New Price = Rs. 1408
