Question

find selling price if a profit of 5 percentage is made on
a) A cycle of rupees 700 with rupees 50 as overhead charges​

Answer 1

Answer:Rs 787.50

#MarkAsBrainliest

Step-by-step explanation:

We know, Cost price = Buying price + Overhead expenses

\therefore Cost price = Rs 700 + Rs 50 = Rs 750

Profit percent = 5%

We know,

\\Profit= Cost\ price\times \fraction{Profit\ percent}{100} \\Profit=750\times \fraction{5}{100}

\therefore Profit = Rs 37.5

Now, Selling price (SP) = Cost price + Profit =Rs 750 + Rs 37.5 = Rs 787.50