Question

A fruit-seller bought fruits worth ₹270. If he intends to make a profit of ₹50; what should his selling price be ?​

Answer 1

Answer:

His selling price should be ₹320

Step-by-step explanation:

Given : A fruit-seller bought fruits worth ₹270.

i.e., CP = ₹270

He makes a profit of ₹50

Formula: SP = CP + profit

SP = ₹(270 + 50) = ₹320

Some abbreviations are:

CP = Cost price

SP = Selling price

Answer 2

$\huge \sf{ \underline{To \: Find}} \: -$

• Selling Price (SP)

$\large\bold{\underline{Given}}:$

• Cost Price (CP) = ₹270
• Profit = ₹50

${\boxed {\orange{\sf{★ \: Formula \: to \: be \: used \: ★ }}}}$

• SP = CP + Profit

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$\huge\bold{\underline{\underline{Solution}}} \: -$

Acc. to the formula, selling price =

$\sf{SP = CP + Profit} \\ \implies \sf{SP =270 + 50} \\ \implies {\boxed{\green{\sf{SP = ₹ 320}}}}$⠀

∴ Selling Price of the fruit seller's fruits would be ₹320.

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More to know: ⤵️

1. Profit = SP - CP
2. Loss = CP - SP
3. If SP > CP , then it is profit
4. If SP = CP , then it is neither profit nor loss
5. If CP > SP , then it is loss.

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