the cost of an item is rs 50 it was sold with the profit of 15% find the selling price
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Answer:
Cost of an item =rs 50
Profit=15%
Selling price=CP [100 + P %] / 100
= 50 [100 + 15] / 100
=50×115/100
=50*23/20
=5*23/2
=115/2
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