Question

a man buys an article for rupees 150 and makes overhead expenses which are 10% of the cost price at what price must he sell to gain 20% ​

Answer 1

Answer:

Rs. 198

Step-by-step explanation:

cp=150

overhead expense =15

total =165

selling price = 165*120/100=Rs.198

Answer 2

$Answer$

Cp of tge article = ₹150

overhead expenses = 10%

=10×150/100

= 15

so, Effective cost of article = 150 + 15 = 165

Now the gain 20% has to sell,

Sp = Cp×(100+gain%)/100

= 165 ×(100+20)/100

= 165×120/100

=165×12/10

= 1980/10

= 198

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