Question

) the cost of an item is rs 12.60. if the profit is 10% over selling price, what is the selling price? view answer

Answer 1

Selling Price = Cost Price + Profit

Cost Price = 12.60

Profit % = 10 %

Selling Price = 12.60 + 12.60 × (10/100) = 12.60 + 1.26 = 13.86

Answer 2

Answer:

Rs.13.86

Step-by-step explanation:

C.P. of an item is Rs.12.60

Profit % = 10 %

Formula of S.P. = $S.P.=\frac{C.P.(100+P\%)}{100}$

Substitute the value sin the formula :

$S.P.=\frac{12.60(100+10)}{100}$

$S.P.=\frac{12.60(110)}{100}$

$S.P.=13.86$

Hence the selling price of an item is Rs.13.86