A shopkeeper sells an article at a profit of $10 %$ . If the article costs him $Rs . 1960$ , find its selling price.

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Solution

Cost price of article $= Rs. 1960$
Shopkeeper's profit $= 10 %$
$⟹$ Profit $= 10 % \times 1960 = 196$
$∵$ Selling price $=$ Profit $+$ Cost price
$∴$ Selling price of the article $= Rs. 1960 + Rs. 196 = Rs. 2156$

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A shopkeeper sells an article at a profit of 10%. If the article costs him Rs.1960, find its selling price.

Cost price of article=Rs. 1960Shopkeeper's profit=10%⟹ Profit =10%×1960=196∵ Selling price = Profit + Cost price∴ Selling price of the article =Rs. 1960+Rs. 196=Rs. 2156

A shopkeeper sells an article at a profit of $10 %$ . If the article costs him $Rs . 1960$ , find its selling price.

Cost price of article $= Rs. 1960$
Shopkeeper's profit $= 10 %$
$⟹$ Profit $= 10 % \times 1960 = 196$
$∵$ Selling price $=$ Profit $+$ Cost price
$∴$ Selling price of the article $= Rs. 1960 + Rs. 196 = Rs. 2156$