Question

A shopkeper purchased an article for rs 1560 and he sold it at the 20 % profit . Find the SP of the article

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Answer 1

Explanation:

Solution,

Here, CP=Rs.1560

P=20%

Profit amount= P% *CP

100

= 20% *Rs.1560

100

= Rs.312

Now,

SP=CP+P

=Rs.1560+Rs.312

= Rs. 1872 is the answer

∴SP of the article is Rs.1872

Answer 2

rs 1872

Explanation:

1% of buying price= 1560÷100= rs 15.60

SP= 15.6x 120%= rs 1872