Question
A shopkeeper buys 80 articles for Rs 2,400 and sells them for a profit of 16%. Find the selling price of one article.
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Solution: Cost of one article=2400/80=30Rs.
After 16% profit=30(1.16)=34.8Rs.
After 16% profit=30(1.16)=34.8Rs.
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Question Text | A shopkeeper buys 80 articles for Rs 2,400 and sells them for a profit of 16%. Find the selling price of one article. |
Answer Type | Text solution:1 |
Upvotes | 150 |