Question

1. Find the selling price in estimation method.
a. CP = 2500, Gain = 5 1/2%​

Answer 1

Answer:

Gain = 5 1/2%

cost price=2500Rs.

Selling price =?

Gain percentege=(gain×100)/cost price

11/2=(gain×100)/2500

11/2=gain/25

275/2= gain

selling price =gain+cost

=275/2+2500

=137.5+2500

=2637.5Rs.