Question

find selling price if profit of 5% cost price 750
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Answer 1

Answer:

selling price if profit of 5% cost price 750 is 787.5

Answer 2

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 \frac{Profit\ percent}{100} \\Profit=750\times \frac{5}{100}

\therefore Profit = Rs 37.5

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

Therefore, the selling price (SP) is Rs 787.5

Hope this answer will help you