Find the selling price of (S.P.) if a profit of 5% is made on a lawn mower bought
at Rs. 1150 with the Rs. 50 as transportation charges.
spammer will come bec he sucks
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Hope you will understand. I have uploaded two pictures because in one frame whole pic is not coming
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Answer:
The selling price of the lawn mower is Rs 1260.
Step-by-step-explanation:
We have given that,
Cost price of lawn mower = Rs 1150
Transportation charges = Rs 50
∴ Total cost price = Cost price of lawn mower + Transportation charges
⇒ Total cost price = Rs 1150 + Rs 50
⇒ Total cost price ( CP ) = Rs 1200
There was a profit of 5 % in the transaction.
We have to find the selling price ( SP ) of lawn mower.
We know that,
Profit % = ( Profit / Cost price ) * 100
⇒ 5 = [ ( SP - CP ) / CP ] * 100
⇒ 5 = [ ( SP - 1200 ) / 1200 ] * 100
⇒ 5 = ( SP - 1200 ) / 12
⇒ 5 * 12 = SP - 1200
⇒ SP - 1200 = 60
⇒ SP = 60 + 1200
⇒ SP = Rs 1260
∴ The selling price of the lawn mower is Rs 1260.
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