Question

The cost price of an article is Rs. 40 and the profit is 20%.What is the S.P ? ​

Answer 1

Step-by-step explanation:

SP is Rs. 48 .............

Answer 2

Answer:

given,

cost price = ₹40

profit = 20%

selling price = x

find selling price

selling price = cost price + profit

x = ₹40 + 20% of ₹40

$x = ₹40 + ₹40 \times \frac{20}{100} \\ x = ₹40 + \frac{40}{1} \times \frac{20}{100}$

after cancellation

$x = ₹40 + ₹8 \\ x = ₹48$

selling price = ₹48