Ravi buys a table for Rs. 4800 and sells it at a profit of 12%. Find the selling price.
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GIVEN
- Cost price of table = ₹ 4800
- profit percent = 12 %
SOLUTION
- First calculate how much profit he get.
- Profit =CP × Profit / 100
- Profit = 4800 × 12/ 100
- Profit = ₹ 576
- Selling price = cost price + profit
- Selling price = 4800 + 576
- Selling price = ₹ 5376
Hence selling price is 5376 rupees
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