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VAMSI

· started a discussion

· 1 Months ago

explin (Question:1096674.0)

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Question:

Madhav bought a second-hand printer and sold it to Kavendra for Rs. 2160 thereby making a profit of 20%. At what price Madhav must sell the printer to earn a profit of 40%?

Options:
A)

Rs. 2240

B)

Rs. 2520

C)

Rs. 2660

D)

Rs. 2800

Solution:

Ans: (b) 

Cost price of printer for Madhav = x

According to question,

x  × 1.2 = 2160

x = 2160/1.2 = 1800

So, cost price of printer for Madhav = Rs. 1800

Therefore, required amount = 1800 × 1.4 

= Rs. 2520

Knowledge Expert

· commented

· 1 Months ago

Dear student
SP(120%)=2160
If SP(140%)=( 2160/120)*140
=2520

Regards
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