Question

12. Cost of an item is Rs 50. It was sold with the profit of 12%. Find the selling price:-​

Answer 1

Answer:

given, CP = Rs = 50

P%=12%

using SP = CP [100 + P %] / 100

= 50 [100 + 12] / 100

= 50 x 112 x 100

= 56

..The selling price is Rs 56.

Answer 2

Given :-

CP = ₹50

P = 12%

SP = ?

Formula :-

SP = $cp \: \frac{(100 + p)}{100}$

Solution ✍️

SP $= 50 \frac{(100 + 12)}{100}$

SP $= \frac{112}{2}$

SP = 56