An Article Was Bought For Rs. 3000 And It Should Be Sold At A Profit

1.	An Article Was Bought For Rs. 3000 And It Should Be Sold At A Profit Of Rs. 300, What Should Be The Selling Price Of That Article?
Answer» COST price = 3000, Profit = Rs. 300 We know that Profit = S.P – C.P =&GT; S.P = Profit + C.P = 300 + 3000 = 3300. Cost price = 3000, Profit = Rs. 300 We know that Profit = S.P – C.P => S.P = Profit + C.P = 300 + 3000 = 3300.

An Article Was Bought For Rs. 3000 And It Should Be Sold At A Profit Of Rs. 300, What Should Be The Selling Price Of That Article?

Answer»

COST price = 3000, Profit = Rs. 300

We know that

Profit = S.P – C.P

=&GT; S.P = Profit + C.P

= 300 + 3000

= 3300.

Cost price = 3000, Profit = Rs. 300

We know that

Profit = S.P – C.P

=> S.P = Profit + C.P

= 300 + 3000

= 3300.