Question

A trader bought rice at 50 per bag. Transport charges came to 2
per bag. He sold the rice at a profit of 5%. What was the selling price
of a bag of rice?​

Answer 1

Step-by-step explanation:

Total cost price will be 52 per bag. We can find the selling price because we know the cost price and the profit %. The selling price will be 54.6 per bag