Question

13. A jeweller bought an engagement ring for €1200 and

Answer 1

Answer:

€ 1380

Step-by-step explanation:

The jeweller bought the ring for €1200 and got a profit of 15% when he sold it. That means,

$= \frac{15}{100} \times 1200 \\ = 180$

he got €180 more money (which is equivalent to 15% of the portion of the money that he originally paid for the ring).

So, the selling price (the new price of the ring) would be:

= Original price + profit

= €1200 + €180

= €1380

Answer 2

Answer:

CP of ring = 1200

profit % = 15%

Profit amount = 15% 0f 1200 = 180

SP = 1200 + 180 = 1380