A trader bought a bag for 12.50.He later sold it at a profit price of 30%.What was his selling price
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Step-by-step explanation:
profit = 12.50 × 30/100
= 25/2 × 3/10
= 75/20 = 37.5/10 = 3.75 rupees
profit = Selling price - Cost price
Selling price = profit + Cost price
Selling price = 3.75 + 12.50 = 16.25 rupees
Selling price of that bag is 16.25 rupees
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