3) A diary is bought for 55. What should be
its selling price to earn a profit of 5%?
Please give answer step by step and please find the selling price...
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3) A diary is bought for 55. What should be
its selling price to earn a profit of 5%?
Please give answer step by step and please find the selling price...
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₹55 + 5% of ₹55 = 105% of ₹55 = ₹57.75
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first we have to find 5 percent of 55 and add it to the price.
Step-by-step explanation:
5% of 55 is...
5/100*55=2.75
now we know that 5% of 55 is 2.75.....
so we will add 2.75 in the original price..
that is:
55= original price
2.75= 5% of 55
selling price = 55+2.75=57.75
so therefore the selling price will be 57.75