Question

An article is bought for Rs 950 and sold at a profit of 12%, so the actual profit on this article is

Answer 1

Answer:

hlo and thanks for the free points

Answer 2

Answer:

Rs 1064

Step-by-step explanation:

CP of article = Rs 950

Profit = 12%

We know SP = [ ( 100 + gain% ) / 100 ] * CP

=> SP = [ 100 + 12 / 100 ] * 950

=> SP = [ 112/100 × 950 ]

=> SP = Rs 1064