Question

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

Answer 1

Answer:

s.p = ₹ 36

Explanation:

if the s.p is 23rs., then loss is of 7rs.

s.p + loss = c.p.

thus c.p. is 30rs.

given , profit is 20%

20/100 * 30= 6rs.

thus, s.p. is c.p. + profit = 36 Rs.

hope it helps