Time management is very much important in IIT JAM. The eduncle test series for IIT JAM Mathematical Statistics helped me a lot in this portion. I am very thankful to the test series I bought from eduncle.
Nilanjan Bhowmick AIR 3, CSIR NET (Earth Science)
Chashokreddy18@gmail.com Tiwari
can you please say ,if the answer is correct?
extremely sorry. there is mistake in my calculation...answer in book is correct...you can follow the method i applied..just check the calculation
Selling price = 18700/- loss = 15% Let the CP be x. we know that, SP = CP[1-loss%/100] => 18700 = x[1- 15/100] =>18700= ×*85/100 => x = 22000 Now, we want profit of 15% that means we have , CP =22000 Profit =15% So, SP = CP[1+Profit%/100] 22000[1+15/100]= 20000*1.15 =25300/-