Question

A shopkeeper buys 80 articles for Rs 2,400 and sells them for a profit of 16%. Find the selling price of one article.

Answer 1

Price of one article = 2400/80 = 30 Selling price = 30 + (30×16)/100= 34.80

Answer 2

$hello$
CP OF 80 ARTICLES = RS. 2400
CP OF ONE ARTICLE =
$\frac{2400}{80}$
CP OF 1 ARTICLE = 30

$profit\% = \frac{profit \times 100| }{cp}$

$\frac{profit \times 100}{cp} = profit\%$

$profit \: = \frac{16 \times 30}{100}$

$profit = \frac{48}{10} = 4.80$

$sp = cp + profit$

$sp = 30 + 4.80$

$sp \: of \: one \: article \: = 34.80$

$hope \: you \: like \: my \: answer$