Question

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

Answer 1

Step-by-step explanation:

Cp of 80 articles = 2400 Rs

Cp of 1 article = 2400/80 Rs

= 30 Rs

If 30 Rs is 100% of Cp of 1 article and there is a profit of 16 %, then final price is 116% of Cp that is

116/100×30 = 11.6 × 3

= 34.80Rs

Answer 2

C.P. OF 80 ARTICLES IS RS. 2400.

C.P. OF 1 ARTICLE IS RS. 2400/80

=RS. 30

PROFIT = 16%

P = SP - CP

SP= CP + P

SP = 30 + 16

= 46..ANS...