An item costs $R s . 50$ . If is sold at a $p r o f i t$ of $15 %$ , then its
$S P$ $=$ $R s 50$ $+$ $15 %$ $o f$ $. . . . . . . . . . . . . . . . . .$

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Solution

It is given that,
cost price, $C P = R s 50$
$p r o f i t % = 15 %$
We know that the profit is calculated with respect to cost price.
profit is $15 %$ in the amount of cost price.
i.e. $p r o f i t$ $=$ $15 %$ $o f$ $C P$
therefore,
$S P$ $=$ $C P$ $+$ $p r o f i t$
$S P$ $=$ $C P$ $+$ $15 %$ $o f$ $C P$
$S P$ $=$ $R s 50$ $+$ $15 %$ $o f$ $R s 50$ .
Hence, the answer for the given blank is $R s 50$ .

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