Question

A trader buys some goods for Rs 150. if the overhead expenses be 12% of the cost price, then at what price should it be sold to earn 10% profit?​

Answer 1

Rs.184.80

Explanation:

Total cp =(cp + overhead,expenses)

Total cp =150 + 12% of 150

Total,cp = 150 + 12/100 × 150 = Rs 168

Given that , gain = 10%

Therefore, Sp = 110/100 × 168 = Rs 184.80