Question

a garden chair is brought for $68 and sold at a 12% profit. find it's selling price. ​

Answer 1

Answer:

Selling price of the garden chair = $76.16

Step-by-step explanation:

Given :

Cost price of garden chair = 68$

Profit percentage = 12%

To find :

The Selling price of the garden chair

Taken :

To find the Selling price of the garden chair use this formula -:

$\boxed{\sf{S.P.=\dfrac{100\%+P\%}{100}\times C.P.}}$

Where,

S.P. = Selling price

P% = Profit percentage

C.P. = Cost price

Solution :

$:\implies\sf{S.P.=\dfrac{100\%+12\%}{100}\times68}$

$:\implies\sf{S.P.=\dfrac{112\%}{\cancel{100}}\times\cancel{68}}$

$:\implies\sf{S.P.=112\%\times0.68}$

$:\implies\sf{S.P.=76.16\:dollar}$

So , the selling price of the garden chair is $76.16 .