Question

2. Cost of an item is 350. It was sold with a profit of 12%. Find the selling price.
3. An item was sold for 252 with a profit of 5%. Find its cost price.​

Answer 1

Answer:

CP=₹350

PROFIT PERCENTAGE=12%

LET SP BE X

PROFIT PERCENTAGE=(CP-SP)/CP×100

12=(350-X)/350×100

(350-X)/350×100=12

350-X/350=12/100

350-X=12/100×350

350-X=42

350=42+X

350-42=X

X=350-42

X=₹308