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Krishna bought an article at Rs. 1325 an...

Krishna bought an article at Rs. 1325 and spend Rs. 25 on transportation. At what price should be he sell the article so as to have a gain of 16%?

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To solve the problem step by step, we will follow the calculations as described in the video transcript. ### Step 1: Calculate the Total Cost Price Krishna bought the article for Rs. 1325 and spent Rs. 25 on transportation. **Total Cost Price (CP) = Cost of Article + Transportation Cost** \[ CP = 1325 + 25 = 1350 \] ### Step 2: Calculate the Gain Krishna wants to make a gain of 16% on the total cost price. **Gain = 16% of Cost Price** \[ \text{Gain} = \frac{16}{100} \times CP = \frac{16}{100} \times 1350 \] Calculating this: \[ \text{Gain} = 0.16 \times 1350 = 216 \] ### Step 3: Calculate the Selling Price The selling price (SP) is calculated by adding the gain to the total cost price. **Selling Price (SP) = Cost Price + Gain** \[ SP = CP + \text{Gain} = 1350 + 216 \] Calculating this: \[ SP = 1566 \] ### Final Answer Krishna should sell the article for Rs. 1566 to achieve a gain of 16%. ---
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