Question

C•p=48 profit%= 15% s•p=?? profit =??​

Answer 1

Answer:

The s.p = 55.2 and the profit = 7.2.

Step-by-step explanation:

Given:

Cost price (c•p)=48

Profit%= 15%.

Now, to find the profit and selling price (s.p):

By putting the formula we get the profit:

$Profit\%=\frac{profit}{c.p} \times 100$

$15=\frac{Profit}{48} \times 100$

Multiplying both sides by 48 we get:

$720=Profit\times 100$

Dividing both sides by 100 we get:

$7.2=Profit$

Profit = 7.2.

Now, to get the s.p we put formula:

$S.p=c.p+profit$

$S.p=48+7.2$

$S.p=55.2$

Selling price = 55.2.

Therefore, the s.p = 55.2 and the profit = 7.2.