the cost of an item is 175 it was sold with a profit of 12% . find the selling profit
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196..
12%of 175=21
21+175=196 ..
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Answer:
the profit amount is 33 rupees...
Step-by-step explanation:
the cost of item=175
profit percentage=12%
let the selling price be 'x'. then,
[x-(12% of x)] = 175
x-(4x/25) = 175
21x/25 =175
21x = 175*25
21x= 4375
x =4375/21 = 208
so the selling price was 208
profit amount= selling price - cost price
= 208-175 = 33
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