Question

Shopkeeper buys a 80 articles for Rs.2400 and sells them for a profit of 16%. find the selling price of one article

Answer 1

Answer:

CP = 2400

PROFIT = 16%

CP OF ONE ARTICLE = 2400/80

CP =30

SP=(100+P%/100)*CP

SP=116/100*30

SP=34.8

Answer 2

Answer:

34.5

Step-by-step explanation:

C.p=2400 of 80 item

so,price of one item =2400/80 =30

then , if be took out 16% of 2400 and add in 2400

2400 *16/100 = 384

2400+ 384= 2784

now price of one item 2784/80 = 34.5