Question

An article was purchased in Rs 480 and sold with a profit of 12%. Find the
selling price of the article​

Answer 1

Answer:

SP of the article is = Rs 480 and Profit = 20%

SP of the article is = Rs 480 and Profit = 20%So by using the formula, CP = 100/(100+Profit%) x SP

SP of the article is = Rs 480 and Profit = 20%So by using the formula, CP = 100/(100+Profit%) x SPCP = 100/(100+20) x 480

SP of the article is = Rs 480 and Profit = 20%So by using the formula, CP = 100/(100+Profit%) x SPCP = 100/(100+20) x 480= 100/120 x 480

SP of the article is = Rs 480 and Profit = 20%So by using the formula, CP = 100/(100+Profit%) x SPCP = 100/(100+20) x 480= 100/120 x 480= Rs 400

SP of the article is = Rs 480 and Profit = 20%So by using the formula, CP = 100/(100+Profit%) x SPCP = 100/(100+20) x 480= 100/120 x 480= Rs 400Hence the CP of the article is Rs 400