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:

the answer of selling price is 34.8

Answer 2

First we will calculate the CP of one article.

As CP of 80 article is = ₹2400

CP of 1 article = ₹(2400/80)= ₹30

Now lets get started: )

Given:

CP = 30

Profit% = 16%

To find:

SP

Formula used:

• $SP = CP( \frac{100 + \: Profit\%}{100} )$

Solution:

Substituting the value of CP and Profit%, from above on the above formula, we get:

$SP = 30 ( \frac{100 + 16}{100} )$

$SP = 30 \times \frac{116}{100}$

$SP = 30 \times 1.16$

$SP = 34.8$

And, Hence Selling Price or SP is ₹34.8

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