a shopkeeper buys 80 articles for 2400 and sell for profit of 16% find the selling price of one articles
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Given,
- Cost Price of 80 articles = ₹2400
- Profit = 16%
Now we know that :
Therefore ,
Selling Price of 80 articles = ₹2784
∴Selling Price of 1 articles = 2784/80 = ₹34.80
So, SP of 1 articles = ₹34.80(Answer)
- Cost Price - The Price at which an article is bought is called CP .
- Selling Price - The Price at which an article sold is called SP.
- Profit - When the selling price of an article is more than its cost price so the article is said to be profit .
- Loss - When selling Price of an article is less than the Cost price so article is said to be Loss.
Swarup1998:
Some latex errors.
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