A bag was sold for Rs.275 at a profit of 10%. What should be selling price for getting a profit of 18% ?
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Answers
Step-by-step explanation:
S.P=27.50 Rs.,Profit=10%
110100
S.P=27.50 Rs.,Profit=10%C.P= 110100
S.P=27.50 Rs.,Profit=10%C.P= 110100 ×27.50=25Rs.
S.P=27.50 Rs.,Profit=10%C.P= 110100 ×27.50=25Rs.If S.P=25.75 Rs.
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Answer:
Selling Price: The price at which an article is sold is called its selling price. (S.P.)
Profit: When an article is sold for more than what it costs, we say that there is a 'profit' or gain.
Loss: When an article is sold for less than what it costs , we say that there is a 'loss'.
When the selling price is equal to the cost price, then there is neither profit nor loss.
We recall a few important facts below:
Profit = Selling Price - Cost Price
Loss = Cost Price - Selling Price
Cost Price = Selling Price - Profit or, Selling Price + Loss
Selling Price = Cost Price + Profit or, Cost %3D Price Loss