3. Calculate the cost price
a. Washing Maching
16,000
12% gain
Answers
Answer:
Selling Price of the Washing machine is Rs. 17440 and Profit % is 9%.
Step-by-step explanation:
Gívєn -
Cost Price of the Machine = Rs. 16000
Profit made = Rs. 1440
Tσ fínd -
The Selling price and Profit Percentage
Sσlutíσn -
✯ Selling Price of the Washing machine :
\boxed{\textsf{Profit=Selling Price - Cost Price}}
Profit=Selling Price - Cost Price
\sf{\implies} \: 1440 = SP - 16000⟹1440=SP−16000
\sf{\implies} \: SP = 16000 + 1440⟹SP=16000+1440
\sf{\implies} \: SP = 17440⟹SP=17440
Selling Price of the Washing machine is Rs. 17440.
\rule{300}{1.5}
✯ Profit Percentage :
Here ;
Selling Price = Rs. 17440
Cost Price = Rs. 16000
Profit = Rs. 1440
★ {\boxed{\sf\:{Profit\% = \frac{Profit}{CP} \times 100}}}
Profit%=
CP
Profit
×100
\sf{\implies} \: Profit\% = \dfrac{1440}{160\cancel{00}} \times 1\cancel{00}⟹Profit%=
160
00
1440
×1
00
\sf{\implies} \: Profit\% = \dfrac{1440}{160}⟹Profit%=
160
1440
\sf{\implies} \: Profit\% = 9\%⟹Profit%=9%
Profit % is 9%
\therefore∴ The Selling Price of the Washing machine is Rs. 17440 and Profit % is 9%.
Answer: