A CD player was purchased for ₹ 3,200 and ₹ 560 were spent on its repairs. It was then sold at a gain of 12 %. How much did the seller receive?
Answers
Answer:
₹ 4211.2
Step-by-step explanation:
Total money spent on the CD player (CP) = ₹3200 + 560
= ₹3760
Let the selling price or SP be x
Total gain on the player = ₹ ( 3760 × 12/100 )
= ₹ 451.2
∴ X = ₹ (3760 + 451.2)
= ₹ 4211.2
✬ S.P = 4211.2 ✬
Step-by-step explanation:
Given:
- Cost price of CD player is Rs 3200.
- Amount spent of repairing is Rs 560.
- Seller gained 12 % on selling.
To Find:
- What is the S.P of CD ?
Solution: Let the selling price be Rs x.
➟ Total CP = 3200 + amount spent on repairing
➟ 3200 + 560 = Rs 3760
Here we have
- CP = Rs 3760
- Gain % = 12%
To find selling price when CP and gain % are given we use the following formula
★ S.P = (100 + gain %/100) × C.P ★
x = (100 + 12/100) × 3760
112/100 × 3760
112/10 × 376
42112/10
4211.2
Hence, seller received Rs 4211.2 after selling CD player at 10% gain.
- Other Formulae
- S.P = 100 – loss%/100 × C.P
- C.P = 100/100 – loss % × S.P
- C.P = 100/100 + gain % × S.P