please answer me to this question plzzzzzz
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Answer:
profit is 30 rupees
Step-by-step explanation:
We know, Cost price = Buying price + Overhead expenses
\therefore Cost price = Rs 560 + Rs 40 = Rs 600
Profit percent = 5%
\\Profit= Cost\ price\times \frac{Profit\ percent}{100} \\Profit=600\times \frac{5}{100}
\therefore Profit = Rs 30
Now, Selling price (SP) = Cost price + Profit =Rs 600 + Rs 30 = Rs 630
Therefore, the selling price (SP) is Rs 630
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