Find a selling price if a profit of 5% is made on a lawn mover bought at rs 1150 with rs 50 as transportation charges
Answers
Answered by
6
Sol:
(a) CP of the cycle = Rs 700
Overhead charges = Rs 50
Total CP of the cycle =700 + 50 = Rs 750
Profit % = 5 %
Profit % = [(SP - CP) / CP] x 100
5 = [(SP - 750) / 750] x 100
5/100 = [(SP - 750) / 750]
(5 x 750) /100 = (SP - 750)
75 / 2 = SP - 750
SP = (75/2) + 750
SP = 787.5
Therefore, the selling price of the cycle = Rs 787.5
(a) CP of the cycle = Rs 700
Overhead charges = Rs 50
Total CP of the cycle =700 + 50 = Rs 750
Profit % = 5 %
Profit % = [(SP - CP) / CP] x 100
5 = [(SP - 750) / 750] x 100
5/100 = [(SP - 750) / 750]
(5 x 750) /100 = (SP - 750)
75 / 2 = SP - 750
SP = (75/2) + 750
SP = 787.5
Therefore, the selling price of the cycle = Rs 787.5
Answered by
7
Answer:
C.P=₹1150
Transportation charges=₹50
Total C.P=₹1200
Profit=5%
S.P=(100+5%)×C.P÷100
=105×1200÷100
=₹1260
Hope it helps
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