Find selling price (SP) if a profit of 5% is made on
(a) a cycle of 700 with 50 as overhead charges.
please let me the answers
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Find selling price (SP) if a profit of 5% is made on
(a) a cycle of 700 with 50 as overhead charges.
please let me the answers
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Answer:
Total CP= 700+50
=Rs 750
profit= 5/100 of CP
=5/100×750
=75/2.
SP= CP+Profit
=750+75/2
=(1500+75)/2
= 1575/2
= Rs 787.5
Explanation:
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Answer:
787.5
Explanation:
Cost price = 700
overheads = 50
Total cost price = 700 + 50
= 750
Profit = 5% of 750
= 75/2
Selling price = 750 + 75/2
= 787.5