Question

a dozen pair of gloves are bought at rupees it if they are to be sold at a profit of 20 % find the selling price

Answer 1

c.p. of gloves let be 100 rs
profit % =20
then profit is 20 rs
then s.p. will be 120 rs

Answer 2

Given:

• A dozen pair of gloves is sold at the profit of $20$%.

To find:

• The Selling price of the dozen pair of gloves.

Step by step explanation:

• Dozen pair of gloves are brought at some price.
• Let the cost price $(c.p)$ of the dozen pair of glove be $200rs$.
• We know that the dozen pair of gloves are sold at $20$% profit, we need to find the $20$% of the cost price $(c.p)$.
• $20$% of the cost price can be found by,

        $\frac{20}{100}(200)$

• By solving the above equation we get $40rs$.
• So,

        $profit=40rs$

• To find the selling price $(s.p)$ for the dozen pair of gloves we use the formula,

        $s.p=c.p+profit$

• Substitute the values of cost price and profit in the above equation

        $s.p=200+40$

• By solving we get the selling price $(s.p)$ as,

        $s.p=240rs$

• The selling price of the dozen pair of gloves is $240rs$.

Final answer:

• If the dozen pair of gloves are brought at $200rs$ and sold at $20$% profit the selling price of the dozen pair of gloves will be $240rs$.