a laptop was bought at a profit of 30%.If the profit is Rs.5000. Find the selling price.
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Correct Question :
- A laptop was bought at a profit of 30%. If the cost price of the laptop is Rs.5000. Find the selling price.
Given :
- Profit% = 30%
- Cost Price (C.P) = Rs 5000
To Find :
- Selling Price of the Laptop (S.P)
Formula :
- Selling Price = Cost Price {100 + Profit%/100}
Solution :
- Selling Price = Cost Price {100 + Profit%/100}
- Selling Price = 5000 {100 + 30/100}
- Selling Price = 5000 {130/100}
- Selling Price = 5000 × 130/100
- Selling Price = 5000 × 13/10
- Selling Price = 500 × 13
- Selling Price = Rs 6500
Therefore :
- Selling Price of the Laptop is Rs 6500
More Formulas :
- Gain = Selling Price - Cost Price
- Loss = Cost Price - Selling Price
- Gain% = (Gain/Cost Price) × 100
- Loss% = (Loss/Cost Price) × 100
- SP = (100 + Gain%/100) × CP
- CP = (100/100 + Gain%) × SP
- SP = (100 - Loss%/100) × CP
- CP = (100/100 - Loss%) × SP
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