1.  Find selling price (SP) if a profit of 5% is made on

     (b) a lawn mower bought at Rs 1150 with Rs 50 as transportation charges.

Answers (1)

If a profit of 5% is made on a lawnmower bought at Rs 1150 with Rs 50 as transportation charges then selling price is:

\\Cost\ price=Rs\ 1150+Rs\ 50\\ \\Cost\ price=Rs\ 1200\\ \\Profit\ percent=5 \\Profit= Cost\ price\times \frac{Profit\ percent}{100} \\Profit=1200\times \frac{5}{100} \\Profit=Rs\ 60 \\Selling\ price= Cost\ price+Profit \\Selling\ price=Rs\ 1200+Rs\ 60 \\Selling\ price=Rs\ 1260

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