Question

a merchant buys an article for rs 27 and sells it at profit of 10% of the selling price. what is the selling price of the item? ​

Answer 1

According to question Sells it 10% profit of the SP

CP = SP - Profit ⇒ 10 -1 = 9 units

Now, 9 units → Rs. 27

1 unit → Rs. 3

10 units → 3×10 = Rs. 30

SP of article = Rs. 30

Answer 2

Answer:

The selling price of the item is Rs.29.7

Step-by-step explanation:

Given :A merchant buys an article for rs 27 and sells it at profit of 10% of the selling price.

To Find : What is the selling price of the item? ​

Solution :

CP of an item = Rs.27

Profit = 10%

$SP =\frac{CP(100+P\%}{100}$

$SP =\frac{27(100+10)}{100}$

$SP =29.7$

The selling price of the item is Rs.29.7