Question

If cost price is Rs 48 and Profit percent is 15%. Find the Selling price and profit

Answer 1

Answer:

Step-by-step explanation:

CP=Rs.48

Profit%=15%

now,

P%=SP-CP/CP*100%

15%=SP-48/48*100%

15*48=100SP-4,800

720+4,800=100SP

SP=5520/100

SP=Rs55.2 is the selling price.

now,

Profit=?

Profit=SP-CP

=Rs.55.2-Rs.48

=Rs.7.2 is the profit.