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A man bought an article for Rs 5000 from Flipkart. He paidRs 1200 as transportation cost and sold it for 10% profit. Find the sellingprice of the article.Rs 5500Rs 6820Rs 6700Rs 5620

Question

A man bought an article for Rs 5000 from Flipkart. He paidRs 1200 as transportation cost and sold it for 10% profit. Find the sellingprice of the article.Rs 5500Rs 6820Rs 6700Rs 5620

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Solution

The man bought the article for Rs 5000 and paid an additional Rs 1200 for transportation. So, the total cost of the article is Rs 5000 + Rs 1200 = Rs 6200.

He sold it for a 10% profit. To calculate the profit, we take 10% of the total cost, which is 0.10 * Rs 6200 = Rs 620.

So, the selling price of the article is the total cost plus the profit, which is Rs 6200 + Rs 620 = Rs 6820.

Therefore, the selling price of the article is Rs 6820.

This problem has been solved

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