Question

a shopkeeper buy 80 articles for =2400 and sell them for profit of 16% finds the. selling price of one article​

Answer 1

Answer:

34.8

Step-by-step explanation:

Given:

Cost price of 80 article = 2400

Profit = 16 %

To find

Selling price of 1 article

Formula Used

$profit \: percent \: = \frac{sp - cp}{cp} \times 100$

Solution

CP of 80 article = 2400

CP of 1 article = 30

$16 = \frac{sp - 30}{30} \times 100$

$sp = 34.8$

SP of one article is 34.8

(or)

Profit 16 %

$2400 \times \frac{16}{100} = 384$

Profit = 384

SP = CP + Profit = 2400 + 384 = 2784

SP of 80 article = 2784

SP of 1 article = 2784 ÷ 8 = 34.8

Answer:

SP of 1 article = 34.8