Question

The cost of writing paper is observed to rise 8% annually .What will be the cost of paper at present when its cost was rupees 625 per ream 2 years ago.


solve it with proper explanation ​

Answer 1

Answer:

Total cost of an article = Cost + Overhead expenses

= ₹ 15500 + ₹ 450

= ₹ 15950

Profit percent = 15

Profit percent = \frac{\text { Profit }}{\text { c.p }} \times 100 c.p  Profit ×100

15 = Profit/₹ 15950 × 100

Profit = (15 ×₹ 15950)/100

= 2392.50

∴, Selling price of the article = C.P. + Profit

= ₹ (15950 + 2392.50)

= ₹ 18342.50

Answer 2

Answer:

Rs. 729

Step-by-step explanation:

A=p ( 1+8/100)2

A=625 ✖️ 27/25 ❌ 27/25

a=rs729