Goods costing rs 40,000 sold at profit of 20%for cash. solve the problem
Answers
Answered by
30
HOPE IT WILL HELP YOU
Attachments:
Answered by
1
The answer is 48000
Explanation:
- Cost Price: The cost price of an item is the sum spent to acquire it or the cost at which it was produced. The cost price is denoted by the letter C.P.
- Selling Price: The selling price is the cost at which an item is offered for sale. The selling price is denoted by the letter S.P.
Given: The cost price of goods = 40000
Profit = cost price x profit percent/100
= 40000 x 20/100
= 8000
Selling price = cost price + profit
Selling price of goods = 40000 + 8000
= 48000
More answers:
https://brainly.in/question/1572265
https://brainly.in/question/5879897
#SPJ3
Similar questions