A shopkeeper buys $80$ articles for $R s . 2400$ ans sells them for a profit of $16 % .$ Find the selling price of one article $.$

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Solution

$p r o f i t = C P \times % p r o f i t$
$= 2400 \times \frac{16}{100} = 384$
So $,$ $S P = C P + p r o f i t$
$= 2400 + 384 =$ Rs. $2784$

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A shopkeeper buys 80 articles for ₹ 2400 and sells them at a profit of 16%. Find the selling price of one article.

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