Question

The cost price of an inverter is rs.10800.00 and the profit on selling is 10% what is the selling price of the inverter?

Answer 1

the selling price of inverter is Rs. 11880

Answer 2

Answer:

The selling price of the inverter is Rs 11880

Step-by-step explanation:

The cost price is Rs 10800.00 and the profit percentage is 10%.

We know the formula

$SP=\frac{100+\text{Profit }\%}{100}\times CP$

On plugging the known values, we get

$SP=\frac{100+10}{100}\times 10800\\\\SP=\frac{110}{100}\times10800\\\\SP=11880$

Thus, the selling price of the inverter is Rs 11880