Question

a man buys an article for 150 and makes overhead expenses which are 12% of the cost price. at what price must he sell it to gain 5%​

Answer 1

Answer:

Step-by-step explanation:

CP of the article= 150

with addition of overhead expenses the new cost price will be=

(12/100*150)+150

=168.

Now for the man to gain 5%..

New CP=168

SP for gaining 5% = (5/100*168)+168

=8.4+168

=176.4

Answer 2

Answer:

he should sell it for 176.4 rupees