Question

A shopkeeper buy 80 article for rupees 2400 and sale them for a profit of of 16%. Find the selling price of one article

Answer 1

Answer:

So articles → Rs 2400

CP of 1 article =

80

2400

=30 RS

Profit % =

CP

SP−CP

×100

⇒16=

30

SP−30

×100

⇒4.8=SP−30

⇒SP=34.8 Rs

Step-by-step explanation:

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Answer 2

Answer:

Step-by-step explanation:

Since CP of 80 articles= Rs 2400

Profit%= 16%

Profit in terms of rupess =2400×16/100

= Rs 384

Since SP = CP + Profit

SP of 80 articles= Rs( 2400+384)

= Rs 2784

SP of one article= Rs 2784/80

= Rs 34.8