Question

An item was
bought for a 140 and sold with a
profit of 6% then find the selling price.

Answer 1

Answer:

Selling price of the item is Rs.148.40

Step-by-step explanation:

Given:

C.P of the item = Rs. 140

%Profit = 6 %

S.P = {1 + ( % profit / 100 )}  × C.P

      = { 1 + { 6 /100 )} × 140

      = {(100 + 6 ) /100 } ×140

      = ( 106 /100 ) × 140

      = 14840 /140 = Rs.148.40

Answer 2

Answer:

Selling price = 148.4

Step-by-step explanation:

According to the information provided in the question it is given as

An item bought for =140

Sold wit profit of 6%

We need to find the selling price

First we find the 6% of 140

So first understand the meaning of percentage

In mathematics, a percentage is a number or ratio expressed as a fraction of 100. It is often denoted using the percent sign, "%

Now solving the % value

$=\frac{6}{100}\times 140\\=\frac{6}{50} \times 70$

(As both are divisible by 2)

converting again to lowest term we get

$=\frac{6}{5} \times 7$

(As both are divisible by 10)

$=8.4$

So after 6% profit its value is =140 +8.4

                                                =148.4

So 148.4  is the selling price after 6% profit