Question

TRY THESE
Find selling price (SP) if a profit of 5% is made on
w cycle of 700 with 50 as overhead charges.
by a lawn mower bought at 1150 with 50 as transportation charges
c) a fan bought for 2560 and expenses of 740 made on its repairs
imple 6: A shopkeeper purchased 200 bulbs for 10 each. However
fused and had to be thrown away. The remaining were sold at Rs 12 each. F​

Answer 1

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Given that

Profit = 5 %

Cost Price of cycle = ₹700

Overhead Charges = ₹50

Solution

Total Cost Price = ₹(700+50) = ₹750

Selling Price = Cost Price × (100 + Profit % ÷ 100)

= 750 × (100+5 ÷ 100)

= 750 × (105÷100)

= 750 × 21/20

= ₹1575/2

= ₹787.5

Hope it helps you.

Answer 2

Answer:

Given that

Profit = 5 %

Cost Price of cycle = ₹700

Overhead Charges = ₹50

Solution

Total Cost Price = ₹(700+50) = ₹750

Selling Price = Cost Price × (100 + Profit % ÷ 100)

= 750 × (100+5 ÷ 100)

= 750 × (105÷100)

= 750 × 21/20

= ₹1575/2

= ₹787.5

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