Question

cost of an item is rs 50 .it was sold in a profit of 12%.find the selling price.

Answer 1

$hi.....$
Cost Price = ₹50
Profit % = 12 %

$we \: know \: that...$
$s.p = (\frac{100 + profit\%}{100} ) \times c.p$

$s.p = (\frac{100 + 12}{100} ) \times 50$

$s.p = ( \frac{112}{100} ) \times 50$

$s.p = \frac{5600}{100}$

$s.p = 56$
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The selling price is ₹56.
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$hope \: this \: helps....$