The cost price of an article is `480. If it is to be sold at a profit

1.	The cost price of an article is `480. If it is to be sold at a profit of 6.25 per cent,what would its selling price be?
Answer» GIVEN c.p =480 profit%=6.25% now CHANGE the PERCENTAGE into its ACTUAL no: that's 6.25/100×480=30 now the actual SELLING price=c.p+profit =480+30=rs510

The cost price of an article is `480. If it is to be sold at a profit of 6.25 per cent,what would its selling price be?

Answer»

GIVEN c.p =480

profit%=6.25%

now CHANGE the PERCENTAGE into its ACTUAL no: that's

6.25/100×480=30

now the actual SELLING price=c.p+profit

=480+30=rs510

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The cost price of an article is `480. If it is to be sold at a profit of 6.25 per cent,what would its selling price be?​

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The cost price of an article is `480. If it is to be sold at a profit of 6.25 per cent,what would its selling price be?