There is profit if an article is sold at Rs. . At what per cent should the selling price be increased so that there will be profit?
- A2.5
- B4
- C5
- D10
Solution & Step-by-step Explanation
Let the cost price of the article be .
Given that the article is sold at Rs. with a profit of .
To get a profit of , the new selling price () should be:
The increase in selling price is:
The percentage increase in the selling price is:
Given that the article is sold at Rs. with a profit of .
To get a profit of , the new selling price () should be:
The increase in selling price is:
The percentage increase in the selling price is: