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Cost of an item is Rs 50. It was sold with a profit of 12%. Find the selling price.
- a)Rs 56
- b)Rs 60
- c)Rs 50
- d)None of these
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Cost of an item is Rs 50. It was sold with a profit of 12%. Find the s...
Given:
- Cost of item = Rs 50
- Profit percentage = 12%
To find:
- Selling price
Solution:
To calculate the selling price, we need to add the profit to the cost price.
Step 1: Calculate the profit amount
Profit percentage = 12%
Profit amount = (Profit percentage/100) * Cost price
= (12/100) * 50
= 0.12 * 50
= Rs 6
Step 2: Calculate the selling price
Selling price = Cost price + Profit amount
= Rs 50 + Rs 6
= Rs 56
Hence, the selling price of the item is Rs 56.
- Cost of item = Rs 50
- Profit percentage = 12%
To find:
- Selling price
Solution:
To calculate the selling price, we need to add the profit to the cost price.
Step 1: Calculate the profit amount
Profit percentage = 12%
Profit amount = (Profit percentage/100) * Cost price
= (12/100) * 50
= 0.12 * 50
= Rs 6
Step 2: Calculate the selling price
Selling price = Cost price + Profit amount
= Rs 50 + Rs 6
= Rs 56
Hence, the selling price of the item is Rs 56.
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Community Answer
Cost of an item is Rs 50. It was sold with a profit of 12%. Find the s...
Rs56
given
cost of item equals Rs 15
profit percentage equals 12%
CP,+profit
50+12%
=62
12/100*50
0.12*50
SP=CP +profit amount
rs50+6
=rs 56
given
cost of item equals Rs 15
profit percentage equals 12%
CP,+profit
50+12%
=62
12/100*50
0.12*50
SP=CP +profit amount
rs50+6
=rs 56
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Cost of an item is Rs 50. It was sold with a profit of 12%. Find the selling price.a)Rs 56b)Rs 60c)Rs 50d)None of theseCorrect answer is option 'A'. Can you explain this answer?
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Cost of an item is Rs 50. It was sold with a profit of 12%. Find the selling price.a)Rs 56b)Rs 60c)Rs 50d)None of theseCorrect answer is option 'A'. Can you explain this answer? for Class 7 2025 is part of Class 7 preparation. The Question and answers have been prepared according to the Class 7 exam syllabus. Information about Cost of an item is Rs 50. It was sold with a profit of 12%. Find the selling price.a)Rs 56b)Rs 60c)Rs 50d)None of theseCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Class 7 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Cost of an item is Rs 50. It was sold with a profit of 12%. Find the selling price.a)Rs 56b)Rs 60c)Rs 50d)None of theseCorrect answer is option 'A'. Can you explain this answer?.
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