Question

An article is bought for ₹1200 and ₹100 is spent on his transportation,etc. find: (i) total c.p of the article. (ii) the selling price of it in order to gain 20% on the whole.

Answer 1

(i)total c.p.=1200+100
=1300
(ii)s.p=20%/100×1200
Profit=240
SO S.P=1200+240
=1440