Question

1
(ii) SP = * 1755, gain = 12 - %
2​

Answer 1

SP = ₹ 1755, gain = 12(1/2) % Gain = 12(1/2) = 25/2 By using the formula, we have: CP = ₹ {(100/ (100 + gain %)) × SP} = {(100/ (100 + (25/2))) × 1755} = {(100/ ((200 + 25)/2)) × 1755} = {(200/ 225) × 1755} = {351000/225} = ₹ 1560