Question
A trader buys some goods for Rs 150. If the overhead
expenses be 12% of cost price, then at what price should it be sold to earn 10% profit ?Solution
Total CP = (CP + Overhead expenses) => 150 + 12% of 150 => 150 + (12/100) × 150 = Rs.168 Gain = 10% SP = (110/100) × 168 = Rs.184.80
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