The cost price of an article is Rs. 500. If it is sold at a profit of 20%, what is it selling price?
(1 Point)
Rs.600
Rs. 100
Rs.550
Answers
Step-by-step explanation:
Selling Price=3000
Selling Price=3000Explanation-:
Selling Price=3000Explanation-:Let the Cost Price be X
Selling Price=3000Explanation-:Let the Cost Price be XProfit%=20%
Selling Price=3000Explanation-:Let the Cost Price be XProfit%=20%Therefore profit= 20/100*X=X/5
Selling Price=3000Explanation-:Let the Cost Price be XProfit%=20%Therefore profit= 20/100*X=X/5SP= Profit+CP
Selling Price=3000Explanation-:Let the Cost Price be XProfit%=20%Therefore profit= 20/100*X=X/5SP= Profit+CPSo SP=(X/5)+X
Selling Price=3000Explanation-:Let the Cost Price be XProfit%=20%Therefore profit= 20/100*X=X/5SP= Profit+CPSo SP=(X/5)+XSP=6X/5
Selling Price=3000Explanation-:Let the Cost Price be XProfit%=20%Therefore profit= 20/100*X=X/5SP= Profit+CPSo SP=(X/5)+XSP=6X/5Difference between SP And CP=500
Selling Price=3000Explanation-:Let the Cost Price be XProfit%=20%Therefore profit= 20/100*X=X/5SP= Profit+CPSo SP=(X/5)+XSP=6X/5Difference between SP And CP=500So (6X/5)-(X)=500
Selling Price=3000Explanation-:Let the Cost Price be XProfit%=20%Therefore profit= 20/100*X=X/5SP= Profit+CPSo SP=(X/5)+XSP=6X/5Difference between SP And CP=500So (6X/5)-(X)=500So (X/5)=500
Selling Price=3000Explanation-:Let the Cost Price be XProfit%=20%Therefore profit= 20/100*X=X/5SP= Profit+CPSo SP=(X/5)+XSP=6X/5Difference between SP And CP=500So (6X/5)-(X)=500So (X/5)=500So X=500*5
Selling Price=3000Explanation-:Let the Cost Price be XProfit%=20%Therefore profit= 20/100*X=X/5SP= Profit+CPSo SP=(X/5)+XSP=6X/5Difference between SP And CP=500So (6X/5)-(X)=500So (X/5)=500So X=500*5X=2500
Selling Price=3000Explanation-:Let the Cost Price be XProfit%=20%Therefore profit= 20/100*X=X/5SP= Profit+CPSo SP=(X/5)+XSP=6X/5Difference between SP And CP=500So (6X/5)-(X)=500So (X/5)=500So X=500*5X=2500CP=2500
Selling Price=3000Explanation-:Let the Cost Price be XProfit%=20%Therefore profit= 20/100*X=X/5SP= Profit+CPSo SP=(X/5)+XSP=6X/5Difference between SP And CP=500So (6X/5)-(X)=500So (X/5)=500So X=500*5X=2500CP=2500SP=(2500/5)+2500
Selling Price=3000Explanation-:Let the Cost Price be XProfit%=20%Therefore profit= 20/100*X=X/5SP= Profit+CPSo SP=(X/5)+XSP=6X/5Difference between SP And CP=500So (6X/5)-(X)=500So (X/5)=500So X=500*5X=2500CP=2500SP=(2500/5)+2500So SP=3000