Answered

Westonci.ca is the Q&A platform that connects you with experts who provide accurate and detailed answers. Discover precise answers to your questions from a wide range of experts on our user-friendly Q&A platform. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

Akshay purchased goods costing ₹5,00,000 and sold at 20% profit on cost. Calculate the selling price of goods.​

Sagot :

Answer:

the selling price of the goods is ₹6,00,000

Step-by-step explanation:

The computation of the selling price of the goods are shown below:

As we know that

Selling price = Cost price + profit

= 5,00,000 + 5,00,000 × 0.20

= 5,00,000 + 1,00,000

= ₹6,00,000

Hence, the selling price of the goods is ₹6,00,000

Thank you for trusting us with your questions. We're here to help you find accurate answers quickly and efficiently. We hope this was helpful. Please come back whenever you need more information or answers to your queries. Your questions are important to us at Westonci.ca. Visit again for expert answers and reliable information.