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29 November, 23:49

a man sells a radio set for rupees 605 and gains 10% at what price should he sell another lady of the same kind in order to gain 16%

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  1. 30 November, 03:18
    0
    638 rupees

    Step-by-step explanation:

    The radio cost him x.

    He sold it at a 10% profit for for x + 10% of x which is the same as 1.1x

    1.1x = 605

    x = 605/1.1 = 550 rupees

    It cost him 550 rupees.

    To gain a 16% profit, he must sell it for 550 rupees + 16% of 550 rupees

    That is the same as 116% of 550 rupees or 1.16 * 550 rupees

    1.16 * 550 rupees = 638 rupees

    Answer: 638 rupees
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