only increase profit.
Number Theory
Level
2
By selling homemade ice cream 🍨 for ₹19.50 I makes a profit of 30%. By how much should I increase selling price so as to make a profit of 40% ?
The answer is 1.5.
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1 solution
SP= 19.5
Profit%=30
so CP = (100)/(100+30)19.5 =15 Now,CP=15
Profit%=40
New SP = (100+40)/(100)15 =21 Increase in SP = 21-19.5 = 1.5