a toy bougth for700 sold At a profit of 15 % find its selling price
Answers
Answered by
5
Answer:
GIVEN :
- CP of toy = 700
- Profit = 15%
TO FIND :
SP
SOLUTION :
We know that
SP = (100 + Profit%/100) × CP
SP = (100 + 15/100) × 700
SP = 115/100 × 700
SP = 115 × 7
SP = ₹805
Answered by
6
Answer :-
- The selling price of the toy is Rs. 805.
Step-by-step explanation:
To Find :-
- The selling price of the toy
Solution:
Given,
- Cost price of the toy = Rs. 700
- Profit of the toy = 15%
As we know that,
S.P. = { ( 100 + gain% ) } ÷ { 100 } × C.P.
Where,
- S.P. = Selling price
- C.P. = Cost Price
=> Selling price = { ( 100 + gain% ) } ÷ { 100 } × C.P.
=> Selling price = { ( 100 + 15 ) } ÷ { 100 } × 700
=> Selling price = { 115 } ÷ { 100 } × 700
=> Selling price = 1.15 × 700
=> Selling price = 805
Hence,
- The selling price of the toy is Rs. 805.
Know more :-
Some more information related to cost price and selling price :-
When, gain% and cost price is given
- S.P. = { ( 100 + gain% ) } ÷ { 100 } × C.P.
When, loss% and cost price is given
- S.P. = { ( 100 - loss% ) } ÷ { 100 } × C.P.
When, gain% and selling price is given
- C.P. = { 100 } ÷ { ( 100 + gain% ) × S.P.
When, loss% and selling price is given
- C.P. = { 100 } ÷ { ( 100 + gain% ) × S.P.
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