Question

The cost price of 6 items is rs 15 at what price should each item be sold to make a profit of 20 %

Answer 1

1 item=15÷6

1 item=2.5rs

To make a profit of 20 %

1 item to be sold for 3rs

Answer 2

Answer:

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Step-by-step explanation:

cost price of 1 item=15/6=rs 2.5

wanted profit=20%

Required Sp= C.P+20% of C.P

                    =rs 15 + 20/100*rs 15

                    = rs 15+ rs 3

                    = rs 18

so, the each item should be sold at Rs 18/3= Rs 3