• Cost Price (C.P.) = $250
• Profit Percentage (P%) = 18%
To find the Selling Price (S.P.):
1. Calculate the Profit Amount:
• Profit = (P% / 100) * C.P.
• Profit = (18 / 100) * 250
• Profit = 0.18 * 250
• Profit = $45
2. Calculate the Selling Price (S.P.):
• S.P. = C.P. + Profit
• S.P. = 250 + 45
• S.P. = $295
Therefore, the Selling Price (S.P.) is $295.
I think
