Question

find the selling price when cp = rs 96 profit = 8 by 1 by 3 /​

Answer 1

Step-by-step explanation:

sp = (cp× 100+profit%)

Answer 2

Answer:

Selling Price = Rs $104\frac{1}{3}$

Step-by-step explanation:

Cost Price = Rs 96

Profit = Rs $8\frac{1}{3}$

Selling Price = Cost Price + Profit  

[Since, there is a profit, Selling price is higher than the Cost Price by Profit amount]

Therefore, Selling Price = Rs 96 + Rs $8\frac{1}{3}$

= Rs $(96 + 8\frac{1}{3})$ = Rs $104\frac{1}{3}$