Goods worth rupees 5000 are purchased what should be the selling price to earn a profit of 10 %

To calculate the selling price needed to earn a profit of 10% on goods worth ₹5000, you can use the following formula:

\[
\text{Selling Price} = \text{Cost Price} + \text{Profit}
\]

The profit is 10% of the cost price:

\[
\text{Profit} = 10\% \times \text{Cost Price} = \frac{10}{100} \times 5000 = 500
\]

Now, the selling price will be:

\[
\text{Selling Price} = 5000 + 500 = 5500
\]

So, the selling price should be ₹5500 to earn a 10% profit.

Would you like more details on the concept of profit calculation or have any other questions?

Here are 5 related questions:
1. How would the selling price change with a 15% profit margin?
2. What if a 5% discount is offered on the selling price? How would that affect the profit?
3. How can we calculate the cost price if the selling price and profit percentage are known?
4. What is the selling price for a 20% profit margin on goods worth ₹7500?
5. How does the profit percentage affect the overall business revenue?

**Tip:** Always check if profit percentages are based on the cost price or the selling price to avoid confusion in calculations.

Goods worth rupees 5000 are purchased what should be the selling price to earn a profit of 10%

Find out how to calculate the selling price to earn a 10% profit on goods worth ₹5000. This solution explains the profit calculation formula and walks through the steps to determine that the selling price should be ₹5500. Suitable for Grades 6-8 students learning percentage profit calculation.

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