Question

A shopkeeper buys 80 articles for ₹ 2,400 and sells them for a profit of 16%. Find the
selling price of one article.
Answer 3:
No. of articles = 80
Cost Price of articles = ₹ 2,400
And Profit = 16%
Cost price of articles is ₹ 100, then selling price = 100 + 16 = ₹ 116

Cost price of articles is ₹ 1, then selling price =
116
100


Cost price of articles is ₹ 2400, then selling price =

116 2400
100

= ₹ 2784

Hence, Selling Price of 80 articles = ₹ 2784
Therefore Selling Price of 1 article =
2784
80
= ₹ 34.80
can anybody tell me ye 100 + 16 kyu hua

Answer 1

Hey!!! This is a easy one __________________________ Since 16% of 100 is 16 So here is 100 + 16% of 100 (since it is a profit) Or, 100 + 16=166 So, this is how we get 16. __________________________ Hope it helps :)