Answer:
Given, C.P of an item = Rs.50; Profit % = 12% \[\therefore \] Profit = 12% of C.P of an item =12% of 50=\[\frac{12}{100}\times 50=\frac{600}{100}=Rs\,\,\,56\] \[\therefore \] S.P of an item = C.P + Profit = Rs 50 + Rs 6 = Rs 56
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