Question

A shopkeeper buys 90 articles for 2,700 and sells them for a profit of 16 % . find the selling price of one article .​

Answer 1

As per the data given in the question,

In the above question, it is given that,

The profit percent 16%

A shopkeeper buys 90 articles for 2,700

Here we have to find the selling price of one article.

We have to use the formula of profit.

Profit =S.P - C.P

S.P=Profit+C.P

First we have to calculate the price of one article,

$=\frac{2700}{90} \\=30$

For profit %=$=\frac{profir\times 100}{C.P}$

$Profit =\frac{profit\%\times C.P}{100}$

Substituting the value in the above formula we get,

$=\frac{16\times 90}{100}\\=14.4$

Therefore the Selling Price will be,

$=14.4+30\\=44.4$

Hence the selling price is 44.4

Answer 2

Answer:

34.80

Step-by-step explanation:

cp of 90 article =2700

profit =16%

sp of 90 article =

$2700 + (2700 \times \frac{16}{100} )$

=

$2700 + (27 \times 16)$

=2700+432

=3132

sp of one article =

$\frac{3132}{90}$

=34.80

I hope it helps you