Answer:
Selling price = ₹ 416
Explanation:
Cost Price = ₹ 400
Profit% = 4 %
Profit = 4 % of cost price
=
= 4 * 4
= ₹ 16
Selling price = Cost price + profit
= 400 + 16
= ₹ 416
Cost Price = Rs. 400
Profit = 4 % of Cost Price
=>
=> 4 * 6
=> Profit = Rs. 24
Now, Selling Price = Cost Price + Profit
Selling Price = 400+24
Selling Price = Rs. 424
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