. A shopkeeper buys 100 articles for Rs 2,500 and sells them for a profit of20%. Find the selling price of one article. *l
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Answer:
given, percent profit = 20% , cp = 2500
there are hundred articles
profit = cp × % profit
= 2500× 20/100 = 500
so, sp=cp + profit
= 2500+500=3000
SP of 1 article = 3000/100 = 30
cost price of an article is 30 is the right answer
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