At what price a shopkeeper sells an article which costs him rupees 625 to make a gain of 20 percent??
Answers
Answered by
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Given :
- A shopkeeper sells an article which costs him rupees 625.
- Make a gain of 20 percent.
To find :
- Selling price of the article =?
Formula Used :
- S. P (Selling Price) = (gain + 100/100)× C.P
Step-by-step explanation :
It is Given that,
C. P (Cost Price) = 625
Gain% = 20 %
As We know that,
S. P (Selling Price) = (gain + 100/100)× C.P
Substituting the values in the above formula, we get,
= 20 + 100/100 × 625
= 120/100 × 625
= 1.2 × 625
= 750.
Therefore, He sells of Rupees 750 an article which costs him rupees 625 to make a gain of 20 percent
Answered by
34
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