Question 56

After buying a toy for ₹ 66, Raghu managed to sell it at a profit of 15%. The selling price
of the toy was:

Solution

Given, Cost Price CP= ₹ 66

profit=15%

we know that,

$$\left\{(SP-CP)/CP\right\}*100=Percentage\Profit$$

Therefore, $$SP=(\%\Pr ofit*CP)/100+CP$$

$$SP=(15*66)/100+66$$

$$SP=(990/100)+66$$

$$SP=9.9+66$$

$$SP=₹75.9$$

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