Question 66
A person purchases 36 articles for ₹360. How many articles must he sold for ₹360, so that the profit is 50%?
Solution
Cost Price of each article = $$\dfrac{360}{36}$$ = Rs.10
Required profit = 50%
Then, Selling Price of each article = 150% of 10 = Rs.15
Then, For Rs.360, Number of articles to be sold are $$\dfrac{360}{15} = Rs.24$$
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