Question

cost of an item is ₹50. It was sold with a profit of 12percentage find the selling price

Answer 1

C.P=rs. 50

profit percentage= 12%

then,

s.p= C.P + 12% OF C.P

=50+12/100*50

=50+6

=56

THEREFORE, S.P=R.S 56

Answer 2

Given,
Cost of the Item(CP)=50
Profit=12%
Profit in Rs=12%×50rs
=12/100×50rs
=12/2 rs
= 6rs
Therefore,Selling Price(SP)=Cost price +Profit in rs
=50rs+6rs
=56rs
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