SP = ₹56, Profit = 5%
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7129477SP = ₹56, Profit = 5%
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We know, Cost price = Buying price + Overhead expenses
Cost price = Rs 560 + Rs 40 = Rs 600
Profit percent = 5%
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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