A dealer sells a transistor at …
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Manish Gandhi 7 years, 1 month ago
Let the CP of Transistor = x/-
To get 16% Profit, SP should be CP * (100 + Profit%)/ 100 = x * 116/100 = 1.16x/-
New SP = (1.16x + 20)/- then the Profit% = 20
Now, Profit% = {(SP - CP) * 100}/ CP => 20 = {(1.16x + 20 - x) * 100}/ x
20x = (0.16x + 20) * 100
20x = 16x + 2000 => 4x = 2000 => x = 500/- (Answer)
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