14. Find C.P if S.P = Rs.500, Gain = 5%
Answers
Step-by-step explanation:
SP = (100 + Gain %) x C.P
100
hope this will help you
S.P = Rs. 500, Gain = 5%
∴ C.P = (S.P. × 100)/(100 + gain %
꧁More Formulas꧂
Cost price (CP) =The amount for which an article is bought is called its cost price.
Selling price (SP)=The amount for which an article is sold is called its selling price.
Profit or gain=
When (SP) > (CP) then there is
Gain = (SP) - (CP)
Loss =
When (SP) < (CP) then there is
Loss = (CP) - (SP).
꧁Important Formulas꧂
I. Gain = (SP) - (CP)
II. Loss = (CP) - (SP)
III. Gain% = (gain / CP × 100)%
IV. Loss % = (loss/ CP × 100)%
V. To find SP when CP and gain% or loss% are given:
● SP = [(100 + gain %) / 100] × CP
● SP = {(100 - loss %) /100} × CP
VI. To find CP when SP and gain% or loss% are given:
● CP = {100/(100 + gain %)} × SP
● CP = {100 /(100 - loss %)} × SP
Calculating Profit Percent and Loss Percent