Sarthaks Test
0 votes
251 views
in Mathematics by (15.0k points)

A shopkeeper buys 80 articles for Rs 2,400 and sells them for a profit of 16%. Find the selling price of one article.

1 Answer

0 votes
by (24.8k points)
selected by
 
Best answer

It is given that the shopkeeper buys 80 articles for Rs 2,400.

Cost of one article = Rs 2400/80 = Rs 30

Profit percent = 16

Profit percent = Profit / C.P x 100

16 = Profit / Rs 30 x 100

Profit = Rs ( 16 x 30/100 ) = Rs 4.80

Selling price of one article = C.P. + Profit = Rs (30 + 4.80) = Rs 34.80

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...