Question

A cycle of rs 700 with rs 50 as overhead charges find s.p. Price if a profit of 5%

Answer 1

Cost of the cycle = Rs.700 + Rs.50

Selling price = Rs.750 + 5%(750)

= Rs.750 + Rs.37.5 = Rs. 787.5

Answer 2

C.P.= RS.700
Overhead expenses=RS.50
Total C.P.= 700+50
= rs.750
P%= 5%
C.P.= RS.750
S.P. = (100+G%)/100×C.P.
= 100+5/100×750
= 787.5 ans.

Hope it helps you...✌️✌️