Find selling price if a profit of 5% is made on a cycle of ` 700 with ` 50 as overhead charges.
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Step-by-step explanation:
In all the cases, the profit percent is 5%. For this question, the basic price of the item (cycle) is ₹ 700, and the extra charge is ₹ 50. So, the total cost price is ₹ 750. So, the correct answer is “₹ 787.5”.
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