Question

A cow was purchased for Rs 320 . At what price should he sell to gain 12 whole 1/2 % ?
Plz explain

Answer 1

Answer:

Step-by-step explanation:

$Profit percentage = 12\frac{1}{2} percentage = \frac{1}{8}$

Selling Price = 320 * (1 + 1/8) = 320 * 9/8 = Rs. 360

Answer 2

Step-by-step explanation:

given

$cp = 320 \\ \\ p\% = 12.5\% \\ \\as \: we \: know \: formula \: of \: sp \\ \\ sp = \frac{(100 + 12 .5)}{100} \times cp \\ \\ sp = \frac{112.5}{100} \times 320 \\ \\ sp = \frac{36000}{100} \\ \\ sp = 360$