Question

if an article is sold at 23, there is a loss of 7. if it is sold at a profit of 20%, find out its selling price.​

Answer 1

Answer:

36 is selling Price

Step-by-step explanation:

If it's sold at 23

7 Rs loss is beared

therefore

cost price = Selling price + Loss

Therefore Cost price is 30 RS

now

Profit is 20%

there fore

20% OF RS 30 = 6 RS

THEREFORE SELLING PRICE IS CP+ Profit

hence proved

30+6= 36rs

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Answer 2

Selling Price of an article is = Rs 36

Step-by-step explanation:

In the given question,

The selling price of an article is =23

when its sold at 23 its losses = Rs 7

first, we find the cost price of an article, so let the cost price be =Rs x

now  applying formulas to find cost price = Selling price + Loss

                                                                     = 23+7

                                                                     = Rs 30

According to question,

  When its sold at 20 % profit of cost price =   20 % of 30 =x

                                                                          $\frac{20}{100} \times30=x$

                                                       Where x =profit price of an article

                                                                    x = 6

Selling price of an article after 20% profit =cost price +profit price

                                                                     = 30 +6

                                                                    = Rs 36