Question

An article is brought for rupees 80 and is sold at a gain of 20 %. Find the selling price

Answer 1

your answer is in attachment

Answer 2

Given "An article is brought for rupees 80 and is sold at a gain of 20 %."

Required"Selling Price"

...

Given Cost Price= Rs80

Gain Percentage= 20%...

we know that.. Profit/gain = Cost Price × profit/gain Percentage..

profit/gain = 80 × 20% = 16

We also know that

Selling Price = Cost Price + Profit/Gain

= 80 + 16
=96

so.. selling price= 96