4. Cost of an item is Rs 50. It was sold with a profit of 12%. Find the selling price." O 52 o 56
Answers
Answered by
1
Answer: cost = 50
profit = 12% of the cost = 0.12 * 50 = 6
the selling price = 50 + 6 = 56
Answered by
1
Answer:
The selling price will be equal to Rs. 56
Step-by-step explanation:
Here the cost price of an item is given to be Rs. 50
The profit is given to be 12%
we will first find the profit
profit = 12% of 50
= (12/100) × 50
= 0.12 × 50
= 6
selling price = cost price + profit
= 50 + 6
= 56
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