Question

A shopkeeper sells some cold drink bottles after purchasing each of at ₹ 10. He makes profit of ₹ 8 on a cold drink bottle. At what price does he sell a cold drink bottle?

Answer 1

Amount spent on buying a cold drink= ₹ 10
Amount received by selling a cold drink = ?
Since the selling price is greater than the original price, He got a profit.
Profit = Amount received - Amount spent
₹ 8 = Amount received - ₹ 10
Amount received = ₹ 18