Answer:
The selling price of remote control car is 30.8 unit
Step-by-step explanation:
Given as :
The cost price (c.p) of remote control car = 28.00
The marks up percentage = 10%
Let the selling price = s.p
So, Marks up % = [tex]\frac{s.p - c.p}{c.p}[/tex] × 100
Or, 10 % = [tex]\frac{s.p - c.p}{c.p}[/tex] × 100
Or, [tex]\frac{s.p}{c.p}[/tex] = [tex]\frac{110}{100}[/tex]
∴ s.p = [tex]\frac{110}{100}[/tex] × c.p
s.p = [tex]\frac{110}{100}[/tex] × 28
So, s.p = 1.1 × 28 = 30.8
Hence The selling price of remote control car is 30.8 unit Answer