Question

7. A shopkeeper bought an steam iron for 1300 and sold it at a profit of 15%. Find the
SP of steam iron​

Answer 1

Step-by-step explanation:

Shopkeeper bought steam iron = 1300

Profit = 15%

SP of steam iron = SP = ((100+profit%)/100)×CP

SP = ((100+15%)/100)×1300

SP = ((115)/100)×1300

SP = 1495

Therefore SP of steam iron is Rs1495