Cost of an item is rs25 it was sold with a profit of 12% what was selling price
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Solution :
Cost price ( c.p ) = Rs 25
profit ( g ) = 12%
=> selling price (s.p)
= c.p [ (100+g )/100 ]
= 25 [ (100 + 25 )/100 ]
= ( 25 × 125 )/100
= 3125/100
= 31.25
Therefore ,
selling price = Rs 31.25
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