2) Find CP when
(i) SP. = 530, gain = 6%
1
(ii) SP = 690, Loss = 2½%
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Answer:
a) 500 b) 673.170
Step-by-step explanation:
I) sp =530,G%=6%
CP =SP *(100/100+G%)
=530*(100/100+6)
=530*100/106
=500
II) sp =690,l%=5/2
CP =SP ×(100/100+L%)
=690×(100/100+5/2)
=690×(100/102.5)
=673.170
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