Question

A shopkeeper sells an article at a profit of 10% . If the article costs him ₹ 1960, find its selling price

Answer 1

Profit percent = 10%

Cost Price [C.P] of the article = Rs. 1960

Profit = [Profit% ÷ 100] × CP

=10/100 × 1960

(The zeroes are canceled, leaving) : = 1/1 × 196

Profit = Rs. 196

S.P = C.P + Profit

=1960 + 196

=2156

∴ The shopkeeper sold the article at Rs. 2156

Answer 2

CP = ₹1960
P% = 10%
P = (P*CP)/100
= (10*1960)/10
=196
SP = CP + P = 1060+196 = ₹2156