Question

Find selling price if a profit of 5% is made on a lawn mower bought at Rs 1150with Rs 50 as transportation charges

Answer 1

cp=1150+50=1200
sp=1200(1+5/100)
sp=1200(1.05)
sp=1260

Answer 2

Answer:

The selling price is Rs.1260

Step-by-step explanation:

Given : A profit of 5% is made on a lawn mower bought at Rs 1150 with Rs 50 as transportation charges

To Find: Selling Price

Solution:

Cost price = Rs.1150

Transportation charges = Rs,50

Total cost = Rs.1150+Rs.50=Rs.1200

Profit% = 5%

Amount of profit = $5\% \times 1200$

                           = $\frac{5}{100} \times 1200$

                           = $60$

So, Selling Price = Total cost +Profit = Rs.1200+Rs.60=Rs.1260

Hence The selling price is Rs.1260