Question

Total cost per unit is Rs2200.if the profit required is 25%on selling price ,then the selling price should be fixed at Rs

Answer 1

Answer:

2750

Explanation:

unit price =2200

Profit=25%

profit=550

selling price = cost per unit price+profit

2200+550

=2750

Answer 2

Answer:

Given,

cost price = 2200

profit = 25%

to find = selling price

Explanation:

Selling price is the price at which the object is to be sold.

Cost price is the price at which the object has purchased.

$sp \: = cp \times ( \frac{100 + profit}{100} ) \\ sp \: = 2200 \times ( \frac{100 + 25}{100} )$

$sp = 2200 \times ( \frac{125}{100} ) \\ sp = 2200 \times \frac{5}{4}$

sp = 2750

Hence the selling price to be fixed is Rs 2750.