2. Find CP when:
(a) SP = 360rs and gain = 12.5%
(b) SP=1539rs and loss = 10%
Answers
Answer:
Step-by-step explanation:
360-12.5/100into360 ie 360-45 ie 315
Answer:
(a)320
(b) 1710
Step-by-step explanation:
2(a).
Given selling price =360
Gain%=12.5%
We know, cost price = selling price × 100/100 + gain%
Therefore,
cost price =
360× 100/100 + 12.5
= 360 × 100/112.5
= 36000/112.5
=320
Therefore, the cost price of the bag is 320.
2(b).
Given selling price=1539
loss%=10%
We know, cost price = selling price × 100/100-loss%
Therefore,
cost price =
1539× 100/100 - 10
=1539 × 100/90
= 153900/90
=1710
Therefore, the cost price of the bag is 1710