Question

A shopkeeper buys 80 articles for rupees 2400 sells them for a profit of 16% find the selling price of an article​

Answer 1

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

Step-by-step explanation:

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Answer 2

Step-by-step explanation:

No of articles=80

cp of articles=₹2400

profit=16℅

Cp of articles is ₹100 then sp=100+16

=116

.

. . cost price of articles is₹1 then sp=116

100

therefore selling price =116× 2400

100

so of 80 articles=2784

sp of 1 article=2784

80

₹34.80