Question

A certain number of articles are bought at Rs 450 per dozen and all of them are sold at a profit of 20%. Find the selling price of one article.

Answer 1

$\textbf {Hey there, here is the solution.}$

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STEP 1: Find the Selling article of the 12 articles:

Profit = 20% x Rs 450 = 0.2 x 450 = Rs 90

Selling Price = 450 + 90 = Rs 540

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STEP 2: Find the selling price of 1 article

12 articles = Rs 540

1 article = 540 ÷ 12 = Rs 45

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Answer: The selling price of one article is Rs 45

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⭐$\textbf {Cheers}$⭐

Answer 2

Answer:

Rs 45

Sp = Profit + CP

SP = 20/100 ×450 + 450

SP = 90 + 450

SP = 540 (of a certain no of articles)

SP of 1 article = 540/12 = Rs . 315