The cost of an article was Rs.22000. If it is sold for a profit of 12 %, find the selling price
of the article.
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Cost price of the article = Rs. 22000
Profit % gained = 12%
Therefore, selling price of the article =
CP × (100+Profit%) /100
22000 × (100+12)/100
22000 × 112/100 (cut last to zeros of 22000 and hundred)
220×112
24640
Answer :- The selling price of the article is
Rs. 24640.
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