0

Guest

Courses New

A Seller sells his product on 14% profit of the market price. If the selling price is 3420 then find the market price.

A Seller sells his product on 14% profit of the market price. If the selling price is 3420 then find the
market price. 

Grade:12

2 Answers

Fauzan
18 Points
3 years ago
Let the Market price be X.
A gain is seen in the given problem, hence,
Selling price = Market price + Profit
3420= X +14% of 3420
X= 3420 - 14% of 3420
X= 3420 - 478.8
X= 2941.2
 
 
 
Yuna Savanna
26 Points
one year ago
Capital = Php 2,000 expected increase after 3 years if its interest rate is 
 
a) 2% compounded monthly 
b) 3.5% compound quarterly
c) 7% compound annually

Think You Can Provide A Better Answer ?

Provide a better Answer & Earn Cool Goodies See our forum point policy

Other Related Questions on 9 grade maths

View all Questions »

ASK QUESTION

Get your questions answered by the expert for free

Answer and earn gift vouchers

Win Gift vouchers upto Rs 500/-

View courses by askIITians

Design classes One-on-One in your own way with Top IITians/Medical Professionals

Click Here Know More

Complete Self Study Package designed by Industry Leading Experts

Click Here Know More

Live 1-1 coding classes to unleash the Creator in your Child

Click Here Know More

a Complete All-in-One Study package Fully Loaded inside a Tablet!

Click Here Know More