Akshay purchased goods costing ₹5,00,000 and sold at 20% profit on cost. Calculate the selling price of goods.​

the selling price of the goods is ₹6,00,000

Step-by-step explanation:

The computation of the selling price of the goods are shown below:

As we know that

Selling price = Cost price + profit

= 5,00,000 + 5,00,000 × 0.20

= 5,00,000 + 1,00,000

= ₹6,00,000

Hence, the selling price of the goods is ₹6,00,000

look at the picture.

y-intercept for the function on a picture is 4 → point (0, 4).

y-intercept for the function

is for x = 0. substitute:

y-intercept is 8 → point (0, 8).