A merchant buys 100 mats for Rs.10,500 and sells them at a profit of 15%.Find the S.P of each.
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A merchant buys 100 mats for Rs.10,500 and sells them at a profit of 15%.Find the S.P of each.
SP= ₹12,075
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Answer:
no. of mats buyed by the merchant- 100
total money at which it was bought- rs 10,500
profit%= 15%
sp= cp+profit
=cp+15%of 10,500
10,500+15/100*10,500
=12075= sp
hence the sp of each mat is 12,075
Step-by-step explanation:
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