Question

Radha bought a painting for Rs 470 and the overhead expense was Rs 90. At what price should she sell it so as to make a 20% profit?

Answer 1

Solutions :-

Given :
Cost of painting = Rs 470
Overhead expense = Rs 90
Total cost price = Rs (470 + 90) = Rs 560


Find the Selling price of painting to make a 20% profit :-

S.P = C.P + Profit % of C.P
= 560 + 20% of 560
= 560 + 0.2 × 560
= 560 + 112
= 672


Hence,
Selling price = Rs 672

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