A shopkeeper buys 80 articles for Rupees 2,400 and sell them for a profit of 16%. find the selling price of 1 article
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Answer:
Since CP of 80 articles= Rs 2400
Profit%= 16%
Profit in terms of rupess =2400×16/100
= Rs 384
Since SP = CP + Profit
SP of 80 articles= Rs( 2400+384)
= Rs 2784
SP of one article= Rs 2784/80
= Rs 34.8
ncraft65:
thank you
Answered by
1
Cost paid by shop keeper = 2400/80
= 30 rupees per article
16% of 30 = 16/100×30
= 4.8 rupees
cost of per article is 35 aproximately
= 30 rupees per article
16% of 30 = 16/100×30
= 4.8 rupees
cost of per article is 35 aproximately
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