Question

A machine costs rs 400 it is sold at a profit of 40%. What is the selling price

Answer 1

Answer:

Step-by-step explanation:

Answer 2

The selling price is Rs. 560

Given :

• A machine costs Rs. 400

• It is sold at a profit of 40%

To find :

The selling price

Solution :

Step 1 of 2 :

Find profit

The machine costs Rs. 400

It is sold at a profit of 40%

So profit amount

$\displaystyle \sf{ =Rs. \: 400 \times \frac{40}{100} }$

$\displaystyle \sf{ =Rs. 160 }$

Step 2 of 2 :

Find selling price

The selling price

= Cost price + Profit amount

= Rs. 400 + Rs. 160

= Rs. 560

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