an article bought for Rs. 150 is sold at a gain of 10 %. what is the selling price?
Answers
Answered by
1
Answer:
160
Step-by-step explanation:
CP = 150
P = 10%
SP = ?
SP = CP + P
SP = 150 +10
SP = 160.
Hope this helps!!!
Answered by
1
In context to questions asked,
we have to determine the value of selling price of the article.
As per questions,
It is given that,
Cost price of Articles is Rs 150
Percentage Gain = 10%
As we know that,
Profit and loss are calculated on CP.
So, Profit will be 10% of CP
As we have,
SP = CP + 10% of CP
So, SP = 110% of CP
Hence, value of SP will be,
Hence, SP of the article will be Rs. 165.
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