Can someone help me on this please
1 answer:
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Given that , a dealer bought an article for Rs 1500 and sold it at a profit of 20% .
So , here ,
- Cost price of the article = Rs 1500.
- Profit on the article = 20% .
Since the article is sold at profit , the Selling price of the article will equal to Cost price + 20% of cost price .
Firstly let's Calculate 20% of 1500 .
= 20% of Rs 1500 .
= 20/100 × Rs 1500 .
= Rs 300 .
Hence we can find now Selling price as ,
⇒ SP = CP + Profit .
⇒ SP = Rs ( 1500 + 300 ).
⇒ SP = Rs 1800 .
<u>Hence </u><u>the</u><u> required</u><u> answer</u><u> is</u><u> </u><u>Rs</u><u> </u><u>1</u><u>8</u><u>0</u><u>0</u><u>.</u>