cost of an item is Rs 50 . it was sold at a profit of 12% . find the selling price
If it was sold at a profit of 12%. It means that the S.P is 12% more than the C.P
12 % of Rs. 50 = 12/100 * 50 = Rs. 6
=> The S.P is Rs. 6 more than the cost price
= 6 rupees more than 50 rupees. = Rs. 56
S.P = Rs 56
Regards
Meherwan