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Answer :
We have Cost price of 80 articles = ₹ 2,400
So, Cost of 1 article = ₹ \(\frac { 2400 }{ 80 } = ₹ 30\)
Given Profit = 16%
So, we know \(SP =CP \times (1+\frac{profit}{100})\)
\(\qquad =30 \times (1+\frac{16}{100})\)
\(\qquad =30 \times (\frac{116}{100})=₹ 34.80\)
Hence, the selling price of one article =₹ 34.80