2. Cost of an item is Rs 50. It was sold with a profit of 12%. Find the selling price.
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Answer:
A] 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.
Answered by
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Question -:
Cost of an item is Rs 50. It was sold with a profit of 12%. Find the selling price.
________________________________
Cost Price = Rs 50.
It was sold at a profit of 12%.
Now, lets find the profit.
Thus, the Profit = Rs 6.
Selling Price = Cost Price + Profit.
Thus,
Selling Price = Rs 50 + Rs 6 = Rs 56.
So, the Selling Price was Rs 56.
Hope it helps! :)
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