Question

An article is bought for ₹80 and sold at a gain of 20%. Find the selling price of the article. ​

Answer 1

sp =( 100+p%/100)*cp

sp = (100+20/100)*80

sp = 120/100*80

sp = 12*8

sp = 96 rupees

$...$

Answer 2

Answer:

cp of article=Rs.80

gain= (20/100)×80=Rs.16

therefore, selling price =Rs. (80+16)=Rs. 96

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