document.write( "Question 728410: An item was sold for 650.00 naira with a profit of 30%. If the profit had been 20%, what was the selling price?
\n" ); document.write( " \n" ); document.write( "

Algebra.Com's Answer #445394 by mbmodak(32) $\"\"$ $\"About$

You can put this solution on YOUR website!
An item was sold for 650.00 naira with a profit of 30%. If the profit had been 20%, what was the selling price?\r
\n" ); document.write( "\n" ); document.write( "selling price=purchase price+profit(% of purchase price)
\n" ); document.write( "So If purchase price is 100 then @ 30% profit selling price is 100+30=130
\n" ); document.write( "For 130 selling price purchase price is 100
\n" ); document.write( "For 650 selling price purchase price shall be (650/130)*100 i.e.500
\n" ); document.write( "Now for 500 purchase price @ 20% profit the selling price shall be 500+((500/100)*20) i.e 100 =500+100=600
\n" ); document.write( "So selling price should be 600
\n" ); document.write( " \n" ); document.write( "

\n" );