1.

a shopkeeper buys a washing machine for 480 euros find the sale price if the shopkeeper is to make a profit of 5%

Answer»

ANSWER:

The SELLING price is 504 euros

Step-by-step EXPLANATION:

Given :

Shopkeeper buys a washing machine for 480 euros

profit  =  5%

To find :

The selling  price

Solution :

FORMULA of selling price :

selling  price = cost price (100 + profit %) \ 100

selling  price = 480 (100 + 5) \ 100

⇒ 480 (105) \ 100

⇒ 480 ×  1.05

⇒ 504

∴  The selling price is 504 euros



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