An item was purchased at 8400 and the overhead charges is 400. If
the profit is 1100, then find the CP and profit %.​

By Arya

An item was purchased at 8400 and the overhead charges is 400. If
the profit is 1100, then find the CP and profit %.​

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Arya

2 thoughts on “An item was purchased at 8400 and the overhead charges is 400. If<br />the profit is 1100, then find the CP and profit %.​”

  1. Answer:

    Purchase price = 8400

    Overhead charges = 400

    Profit = 1100

    Cost price = 8400 + 400 + 1100 = 9900

    Profit percentage = (profit / Cost price) x 100

    = 1100/9900 x 100 = 11%

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