Answer :
Answer:
The selling price would be Rs 52.5
Step-by-step explanation:
Rs 50 is the actual cost and the 5% profit will amount to Rs 2.5 (50*5%) so total total sales price would be Rs 52.5( Rs 50 + Rs 2.5)
Another way to calculate is (Rs 50 * 1.05) = 52.5
Answer:Rs52.5
Step-by-step explanation:
Cost price(cp)=Rs50
Percentage profit=5%
Selling price(sp)=?
Percentage profit=(sp-cp) /cp x 100
5=(sp-50)/50 x 100
5 x 50=100(sp-50)
250=100(sp-50)
Sp-50=250/100
sp-50=2.5
sp=2.5+50
sp=52.5
Selling price=Rs52.5