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

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July 2023 2 2 Report

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Answer-Cost price = Rs 2400

Cost price = Rs 2400Profit = 16% of Rs 2400

Cost price = Rs 2400Profit = 16% of Rs 2400= Rs 16 100 × 2400

Cost price = Rs 2400Profit = 16% of Rs 2400= Rs 16 100 × 2400= Rs 16 x 24 = Rs 384.

Cost price = Rs 2400Profit = 16% of Rs 2400= Rs 16 100 × 2400= Rs 16 x 24 = Rs 384.Selling price Rs 2400 + Rs 384 = Rs 2784

Cost price = Rs 2400Profit = 16% of Rs 2400= Rs 16 100 × 2400= Rs 16 x 24 = Rs 384.Selling price Rs 2400 + Rs 384 = Rs 2784Now, selling price per article = Rs 2784 + 80 Number of articles = 80]

Cost price = Rs 2400Profit = 16% of Rs 2400= Rs 16 100 × 2400= Rs 16 x 24 = Rs 384.Selling price Rs 2400 + Rs 384 = Rs 2784Now, selling price per article = Rs 2784 + 80 Number of articles = 80]= Rs 348 10 = Rs 34.80

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