Question

A shopkeeper buys 80 articles for ₹2400 and sell them for a profit 16% .Find the selling price of 1 article.

Answer 1

$<b>$ Solution :-

cost price = Rs 2400

profit = 16% of Rs 2400

Rs= 16 /100 *2400

Rs = 16*24
Rs= 384

Selling price = 2400+384= 2784

selling price of one article = 2784/80

Answer is 34.8

Answer 2

value is 2400₹
profit is 16℅
so selling value is 2400×116÷100=2784₹
80 article value is 2784₹
then one article value is 2784÷80=38.4₹