Question

Cost of an item is 50. It was sold with a profit of 12%. Find the selling price.
An article was sold for 250 with a profit of 5%. What was its cost price?
An item was sold for 540 at a loss of 5%. What was its cost price?​

Answer 1

Step-by-step explanation:

A] given , CP = Rs = 50

P % = 12 %

using SP = CP [100 + P %] / 100

= 50 [100 + 12] / 100

=50×112×100

=56

∴ The selling price is Rs 56 .