Find the selling price of an article which is bought for 120 Rs and sold at the profit of 5%.
Answers
From the given question the correct answer is:
The selling price of an article is 126 rs.
Given:
Cost price of an article C.P= Rs.120
Discount given:5%
To find :
The selling price of an article
Solution:
the Cost price of an article = 120 Rs
the discount is 5%
so,
the discount prize of 120 =120×
=6 rs.
so the discount prize of 120 is 6rs.
now, we have to find the selling price.
so, we will add the discount price to the cost price
selling price of an article = 120+6
=126Rs
Hence, the selling price of an article is 126 rs.
It is given that,
For an article its cost price is Rs.
Sold at a profit of %,
To find the selling price.
The discount prize,
Rs.
For calculating selling price,
= Discount prize CP
Rs
The selling price of an article is Rs.