Question

An article bought for Rs. 350 is sold at a profit of 20%. Find its selling price.​

Answer 1

Answer:

Solution:

CP of article = 350

Profit = 20%

∴ SP = \frac{CP(100+\Pr ofit\%)}{100}=Rs.\frac{350(100+20)}{100}=Rs.\frac{350\times120}{100}=Rs.420

100

CP(100+Profit%)

=Rs.

100

350(100+20)

=Rs.

100

350×120

=Rs.420

Answer 2

Given :

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• CP of the article = Rs. 350
• Profit % = 20%

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To find :

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• The selling price of the article

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Solution :

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$\sf{SP=\cfrac{CP\:(100+Profit\:\%)}{100}}$

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$\implies\sf{\cfrac{350×120}{100}}$

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$\implies{\purple{\underline{\boxed{\sf{Rs.\:{\frak{420}}}}}}{\:\bigstar}}$

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Hence, the selling price of the article is Rs. 420.