A shopkeeper buys 80 articles for 2,400 and sells them for a profit of
16%. Find the selling price of one article.
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12
Answer:
34.8
Step-by-step explanation:
CP for 80 article= 2400
Profit he made on selling= 16%
SP for 80 article= CP×(100+Profit%)/100
=2400×100+16/100
=2400×116/100
=2784
SP for 1 article=2784/80=34.8
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