Question

C.p=Rs352 ;overheads=Rs 28 and profit =20% find the selling price .

Answer 1

Answer:

(i) C.P. = Rs. 352

Overheads = Rs. 28

Net  C.P. = Rs. 352 + Rs. 28 = Rs. 380

Profit = 20%

We know : S.P. = (100 + gain %)/100 × C.P.

= (100 + 20)/100 × Rs. 380 = Rs. 120/100 × 380

= 12 × 38 = Rs. 456

(ii) C.P. = Rs. 576

Overheads = Rs. 44

Net C.P. = Rs. 576 + Rs. 44

= Rs. 620

Loss = 16%

We know : S.P. = (100 – loss%)/100 × C.P.

= (100 – 16)/100 × Rs. 620 = Rs. 84/100 × 620

= Rs. 5208/10 = Rs. 520.80

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