Question
Amanda purchased a computer for Rs. 28,000 and sold it
at a profit percentage equal to the profit percentage earned on selling 8 jackets for the cost price of 12 jackets. Find the selling price of the computer.Solution
ATQ, Let the cost price of 1 jacket = Rs. 500. So, the cost price of 8 jackets = Rs. 4,000. Selling price of 8 jackets (cost price of 12 jackets) = Rs. 6,000. Profit on jackets = Rs. 6,000 - Rs. 4,000 = Rs. 2,000. Profit percentage = 2000/4000 Ă— 100 = 50% Therefore, the selling price of the computer = 1.50 Ă— 28000 = Rs.42,000
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