Question

4. An art dealer bought a painting for Rs. 6700 and spent Rs 300 on framing it. If
he made a 5% profit on selling it, what was selling price of the painting?

Answer 1

ANSWER:

Selling price of the painting is ₹7,350

EXPLANATION:

Calculate the C. P. of the painting :

Here, the art dealer has bought a painting for ₹6,700 and spent ₹300 on framing

Hence, the C. P. will be : ₹6,700 + ₹300

= ₹7,000

Finding the S. P. of the painting :

Given,

5% profit on S. P. (Selling price)

So,

→ 5% of 7,000

→ 5 × 70

→ ₹350

∵5% profit is ₹350

∴ The S. P. will be 7,000 + 350 = ₹7,350

Answer 2

$\huge\pink{\mid{\fbox{\tt{your\:QUESTION}}\mid}}$

An art dealer bought a painting for Rs. 6700 and spent Rs 300 on framing it. If

he made a 5% profit on selling it, what was selling price of the painting?

$\huge\red{\mid{\underline{\overline{\textbf{Solution\:࿐}}}\mid}}$

●Calculate the C. P. of the painting :

☆Here, the art dealer has bought a painting for ₹6,700 and spent ₹300 on framing

➪Hence, the C. P. will be : ₹6,700 + ₹300

= ₹7,000

●Finding the S. P. of the painting :

Given,

●5% profit on S. P. (Selling price)

■So,

→ 5% of 7,000

→ 5 × 70

→ ₹350

∵5% profit is ₹350

∴ The S. P. will be 7,000 + 350 =

$\bold{\huge{\fbox{\color{maroon}{₹7,350}}}}$

$\sf\red{hope\:it\:helps\:you}$