Question

2. Cost of an item is 50. It was sold with a 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

=50×112×100

=56

∴ The selling price is Rs 56 .

Answer 2

₹56

Step-by-step explanation:

Profit percent = 100× profit/cost price

=> 12 = 100 × profit/50

=

$\frac{12}{100} \times 50 = profit$

Profit = ₹6

Selling price = Cost price + profit

Selling price = ₹56

Hence,selling price is ₹56