Question

(11) The cost of an item is 50. It was sold with a profit of 12 % find selling price​

Answer 1

Step-by-step explanation:

Cost of item= 50 Rs

Profit%= 12%

then, Profit=12/100×50=6 Rs

So, Selling Price=50+6=56 Rs

Answer 2

Step-by-step explanation:

All given , CP = 50 percent

profit = 12 percent

using SP = CP (100 percent)

=50 ( 100 + 12 ) / 100

= 50 ✖ 112 ✖ 100

= 56

selling price is Rs. 56