A shopkeeper buys 80 articles for rupees 2400 and sells them for a profit of 16% .Find the selling price of one article.
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SP = (100+GAIN)/100 × CP
= (100+16)/100 × 30
= 116/100 × 30
= 1.16 × 30
= ₹34.80
THEREFORE, SELLING PRICE OF 1 ARTICLE IS ₹34.80
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Step-by-step explanation:
ANSWER
So articles → Rs 2400
CP of 1 article =
80
2400
=30 RS
Profit % =
CP
SP−CP
×100
⇒16=
30
SP−30
×100
⇒4.8=SP−30
⇒SP=34.8 Rs
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