The cost price of an article is `480. If it is to be sold at a profit of 6.25 per cent,
what would its selling price be?
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Answer:
SP = ₹ 510
Step-by-step explanation:
CP = 480
Profit % = 6.25
Profit = (6.25 / 100) × 480 = 30
∴ SP = CP + Profit = 480 + 30 = 510
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