Question: By selling an article for tk 19.50, a dealer makes profit of 30%. By how much should he increase his selling price so as to make a profit of 40%?
A
B
C
D
Tk 1.50
B
Tk 1.75
C
Tk 2
D
Tk 3
Note: Here, `130:19.50` = `140 : x`
or, `(130)/19.50` = `140/x`
0r, x =`(140xx19.50)/130`
=21
Hence,S.P to be increased = Tk (21-19.50)
=tk1.50