sup56 sup56
  • 21-01-2024
  • Mathematics
contestada

Cost Price=88,000
Profit=4%
Selling Price=?​

Respuesta :

Itz5151
Itz5151 Itz5151
  • 21-01-2024

Answer:

91520 unit cost

Step-by-step explanation:

Let sp = x

Then, we know:

  • Profit% = (Profit/CP)* 100

=> 4*CP/100 = Profit ( Make Profit the subject of this equation)

We know Profit = sp-cp

Thus, rewriting the equation:

  • 4*88000/100 = x-88000

Solve for x:

  • 4*880 = x - 88000
  • 3520 + 88000 = x
  • x = 91520

So the selling price is 91520 unit cost.

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