2. Find SP, when
(a) CP = 900, Profit = 8%
(b) CP = 550, Loss = 1-%
2
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Use the Formula Given in your Text Book
Substitute and Evaluate the answer.
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Answer:
(a) 908
(b) -2743/5
Step-by-step explanation:
a] CP = 900, P = 8%
= P = SP - CP
= Let SP be x
= 8 = x - 900
= x - 900 = 8
= x = 8 + 900
= x = 908
b] CP = 550, Loss = 1 2/5%
= Loss = 7/5
= Loss = CP - SP
= Let SP be x
= 7/5 = 550 - x
= 7/5 - 550 = x
= 7/5 - 2750/5 = x
= - 2743/5 = x
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