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A shopkeeper buys an article for Rs. 7000. For how much should he sell (in Rs.) it so as to gain a profit of 30%?
- a)9600
- b)9100
- c)10000
- d)8800
Correct answer is option 'B'. Can you explain this answer?
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Verified Answer
A shopkeeper buys an article for Rs. 7000. For how much should he sell...
Cost price = Rs. 7000
Profit = 30%
∴ Selling price,
⇒ 7000 + 7000 × 30/100
⇒ Rs. 9100
Profit = 30%
∴ Selling price,
⇒ 7000 + 7000 × 30/100
⇒ Rs. 9100
Most Upvoted Answer
A shopkeeper buys an article for Rs. 7000. For how much should he sell...
Cost price = Rs. 7000
Profit = 30%
∴ Selling price,
⇒ 7000 + 7000 × 30/100
⇒ Rs. 9100
Profit = 30%
∴ Selling price,
⇒ 7000 + 7000 × 30/100
⇒ Rs. 9100
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Community Answer
A shopkeeper buys an article for Rs. 7000. For how much should he sell...
Calculation:
To find the selling price with a profit of 30%, we need to add 30% of the cost price (Rs. 7000) to the cost price.
Formula:
Selling Price = Cost Price + Profit
Calculation:
Profit = 30% of Rs. 7000 = 0.30 x 7000 = Rs. 2100
Selling Price = Rs. 7000 + Rs. 2100 = Rs. 9100
Therefore, the shopkeeper should sell the article for Rs. 9100 in order to gain a profit of 30%.
Correct Answer:
b) 9100
To find the selling price with a profit of 30%, we need to add 30% of the cost price (Rs. 7000) to the cost price.
Formula:
Selling Price = Cost Price + Profit
Calculation:
Profit = 30% of Rs. 7000 = 0.30 x 7000 = Rs. 2100
Selling Price = Rs. 7000 + Rs. 2100 = Rs. 9100
Therefore, the shopkeeper should sell the article for Rs. 9100 in order to gain a profit of 30%.
Correct Answer:
b) 9100
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A shopkeeper buys an article for Rs. 7000. For how much should he sell (in Rs.) it so as to gain a profit of 30%?a)9600b)9100c)10000d)8800Correct answer is option 'B'. Can you explain this answer?
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A shopkeeper buys an article for Rs. 7000. For how much should he sell (in Rs.) it so as to gain a profit of 30%?a)9600b)9100c)10000d)8800Correct answer is option 'B'. Can you explain this answer? for SSC 2024 is part of SSC preparation. The Question and answers have been prepared according to the SSC exam syllabus. Information about A shopkeeper buys an article for Rs. 7000. For how much should he sell (in Rs.) it so as to gain a profit of 30%?a)9600b)9100c)10000d)8800Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for SSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A shopkeeper buys an article for Rs. 7000. For how much should he sell (in Rs.) it so as to gain a profit of 30%?a)9600b)9100c)10000d)8800Correct answer is option 'B'. Can you explain this answer?.
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