4. Romil bought a Rubik's Cube for 80 to
sell in his shop. He increased the price by
30% and then sold it to a customer.
a. Calculate the profit.
b. Calculate the selling price.
C. Calculate the profit percentage.
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QUESTION IS
Romil bought a Rubik's Cube for 80 to
sell in his shop. He increased the price by
30% and then sold it to a customer.
a. Calculate the profit.
b. Calculate the selling price.
C. Calculate the profit percentage.
ANSWER IS Given, percent profit =16%, C.P. =2400
Their are 80 articles.
Profit = CP × % profit
=2,400×
100
16
=384
So, SP = CP+ profit
=2,400+384=2784
SP of one article =
80
2784
= Rs. 34.80
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