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An automobile manufacturer earns 35% profit by selling each car for Rs 452000. If the production cost is increased by 20%, what should be the new selling price of a car so as to get a profit of 20%? Rs 334814.8 R * s! 526423.8 Rs 401778.0 Rs 482133.6 A < 11="" />?
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An automobile manufacturer earns 35% profit by selling each car for Rs...
Solution:
Given, the profit earned by selling each car is 35% and the cost price is Rs. 452000.

Step 1: Find the selling price of the car
Let the selling price of the car be SP
Profit = SP - Cost price
35% of CP = SP - CP
SP = 1.35 * CP
SP = 1.35 * 452000
SP = Rs. 610200

Therefore, the selling price of the car is Rs. 610200.

Step 2: Increase in the production cost
The production cost is increased by 20%.
New production cost = 1.20 * 452000
New production cost = Rs. 542400

Step 3: Calculate the new selling price to get a profit of 20%
Let the new selling price be SP1
Profit = SP1 - New cost price
20% of New cost price = SP1 - New cost price
SP1 = 1.20 * New cost price + New cost price
SP1 = 1.20 * 542400 + 542400
SP1 = Rs. 692928

Therefore, the new selling price of the car so as to get a profit of 20% is Rs. 692928.

Answer:
The new selling price of the car so as to get a profit of 20% is Rs. 692928.
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An automobile manufacturer earns 35% profit by selling each car for Rs 452000. If the production cost is increased by 20%, what should be the new selling price of a car so as to get a profit of 20%? Rs 334814.8 R * s! 526423.8 Rs 401778.0 Rs 482133.6 A ?
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An automobile manufacturer earns 35% profit by selling each car for Rs 452000. If the production cost is increased by 20%, what should be the new selling price of a car so as to get a profit of 20%? Rs 334814.8 R * s! 526423.8 Rs 401778.0 Rs 482133.6 A ? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about An automobile manufacturer earns 35% profit by selling each car for Rs 452000. If the production cost is increased by 20%, what should be the new selling price of a car so as to get a profit of 20%? Rs 334814.8 R * s! 526423.8 Rs 401778.0 Rs 482133.6 A ? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for An automobile manufacturer earns 35% profit by selling each car for Rs 452000. If the production cost is increased by 20%, what should be the new selling price of a car so as to get a profit of 20%? Rs 334814.8 R * s! 526423.8 Rs 401778.0 Rs 482133.6 A ?.
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