The problem states that a man gains a profit of 15% by selling a calculator at a certain price. Let's denote this price as P.

Step 1: Calculate the cost price of the calculator.
If the selling price is P and the profit is 15%, then the cost price (C) of the calculator can be calculated as follows:
C = P / (1 + 15/100) = P / 1.15

Step 2: Calculate the new selling price.
The problem states that the man sells the calculator at triple the price, so the new selling price (S) is:
S = 3P

Step 3: Calculate the new profit.
The profit is the selling price minus the cost price, so the new profit (Pr) is:
Pr = S - C = 3P - P / 1.15

Step 4: Calculate the new profit percentage.
The profit percentage is the profit divided by the cost price, multiplied by 100, so the new profit percentage (Pr%) is:
Pr% = (Pr / C) * 100 = ((3P - P / 1.15) / (P / 1.15)) * 100

Solving this equation will give you the new profit percentage.

Question

The problem states that a man gains a profit of 15% by selling a calculator at a certain price. Let's denote this price as P.

Step 1: Calculate the cost price of the calculator. 
If the selling price is P and the profit is 15%, then the cost price (C) of the calculator can be calculated as follows:
C = P / (1 + 15/100) = P / 1.15

Step 2: Calculate the new selling price. 
The problem states that the man sells the calculator at triple the price, so the new selling price (S) is:
S = 3P

Step 3: Calculate the new profit. 
The profit is the selling price minus the cost price, so the new profit (Pr) is:
Pr = S - C = 3P - P / 1.15

Step 4: Calculate the new profit percentage. 
The profit percentage is the profit divided by the cost price, multiplied by 100, so the new profit percentage (Pr%) is:
Pr% = (Pr / C) * 100 = ((3P - P / 1.15) / (P / 1.15)) * 100

Solving this equation will give you the new profit percentage.

Knowee AI · Accepted Answer

The problem states that a man gains a profit of 15% by selling a calculator at a certain price. Let's denote this price as P.

Step 1: Calculate the cost price of the calculator. 
If the selling price is P and the profit is 15%, then the cost price (C) of the calculator can be calculated as follows:
C = P / (1 + 15/100) = P / 1.15

Step 2: Calculate the new selling price. 
The problem states that the man sells the calculator at triple the price, so the new selling price (S) is:
S = 3P

Step 3: Calculate the new profit. 
The profit is the selling price minus the cost price, so the new profit (Pr) is:
Pr = S - C = 3P - P / 1.15

Step 4: Calculate the new profit percentage. 
The profit percentage is the profit divided by the cost price, multiplied by 100, so the new profit percentage (Pr%) is:
Pr% = (Pr / C) * 100 = ((3P - P / 1.15) / (P / 1.15)) * 100

Solving this equation will give you the new profit percentage.

A man gains 15% by selling a calculator for a certain price. If he sells it at the triple the price, then what will be the profit percentage?Options125175225245

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