Question

Find the selling price (in $\text{Rs.}$), if C.P. $=\text{Rs.}352$; overheads $=\text{Rs.}28$ and profit $=20\%$.

Answer 1

Total $\text{C.P.}=\text{Rs. 352 + 28}=\text{Rs.}380$
Profit $\%=\frac{\text{S.P.}-\text{C.P.}}{\text{C.P.}}\times 100$
$\frac{\text{S.P.}-380}{380}\times 100=\text{Rs.}20$
$\text{S.P.}-380=\text{Rs.}76$
$\text{S.P.}=\text{Rs.}456$