A man sells 8 articles for Rs. 7360 and makes a profit of
1 answer:
Answer:
SP of 8 articles =Rs 7360
Profit=15%
Now,
SP of each article =7360/8= Rs920
Wkt,
SP=CP+profit (let CP=x)
920=x+15%of CP
920=x+15÷100× x
920=x+15x÷100
920=(100x+15x)÷100
920=115x÷100
92000=115x
92000÷115=x
Therefore, x=Rs 800
CP=800(i.e Cost price of one article)
Again,
SP of 13 articles=Rs 11440
SP of 1 article=11440÷13=Rs 880
Since,SP>CP
Profit!
Profit=SP-CP
=880-800
=Rs 80
Profit%=profit÷CP×100%
=80÷800×100
=10%
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