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 wha
t price did he sell the shoes which was purchased for Rs 3420
1 answer:
Answer:
RS 3933
Step-by-step 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
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