7.Cost of an item is Rs 50. It was sold with a profit of 12%. Find the selling price
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given , CP = Rs = 50
given , CP = Rs = 50P % = 12 %
given , CP = Rs = 50P % = 12 %using SP = CP [100 + P %] / 100
given , CP = Rs = 50P % = 12 %using SP = CP [100 + P %] / 100= 50 [100 + 12] / 100
given , CP = Rs = 50P % = 12 %using SP = CP [100 + P %] / 100= 50 [100 + 12] / 100=50×112×100
given , CP = Rs = 50P % = 12 %using SP = CP [100 + P %] / 100= 50 [100 + 12] / 100=50×112×100=56
given , CP = Rs = 50P % = 12 %using SP = CP [100 + P %] / 100= 50 [100 + 12] / 100=50×112×100=56∴ The selling price is Rs 56
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The selling price of this item is Rs 56
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