Question

ravi bought an item for rs 80 to sell in his shop he increased the price by 30% and sold it find the profit

Answer 1

Step-by-step explanation:

Cost Price of the item = rs. 80

price increased = 30% of rs.80

= 30/100×80 = rs. 24

Selling Price = C.p + increased price

= rs. 80 + rs. 24 = rs. 104

So, Profit = S.P - C.P

= 104 - 80 = rs. 24