Answer:
Find answers below.
Explanation:
Given the following data;
Cost price = Rs 1560
Sales Profit = 5%
First of all, we would determine the actual profit;
Profit % = 5/100 * 1560
Profit % = 7800/100
Profit % = Rs 78
Next, we would calculate the selling price;
Selling price = cost price + profit
Selling price = 1560 + 78
Selling price = Rs 1638
