A shopkeeper buys 60 articles for rupees 2,000 and sells them for a profit 16% find the selling price of one article step by step
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Answer:
Since CP of 60 articles= Rs 2000
Profit%= 16%
Profit in terms of rupess =2000×16/100
= Rs 320
Since SP = CP + Profit
SP of 60 articles = Rs ( 2000 + 320 )
= Rs 2320
SP of one article= Rs 2320 / 60
= Rs 38.7
Step-by-step explanation:
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