Question

Cost of an item is rupees 50. It was sold with a profit of 12% . Find the selling price

Answer 1

Answer:

56

Step-by-step explanation:

Cp=50

Sp=12%of50+50

6+50

56

This is the short n best method

Answer 2

Answer:

C.P. = 50 rs .

profit = 12%

S.P. = 100 + P% × C.P

100

S.P. = 112. × 50

100

then cut 50 to 100 = 2

so we can write as 112

2

S.P. = 56 rs.

Hope it helps.