A shopkeeper bought 5 lamps for Rs 125. He sold them for a profit of 16%. Find the selling price of one lamp.
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Answer:
he brought 5 lamps for 125 rs so the cost of 1 lamp will be 125/5 =25
if he sold 5 lamps for the profit of 16 % means
125+ 16 % of 125
that means he sold them for 145 rs
so 1 lamp = 145/5= 29rs
HAVE A NICE DAY AHEAD
ANSWER IS 29 RUPEES!!
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