Question

article is purchased at rupees 400 and sold at 25% profit what will be the selling price of artic circle​

Answer 1

Selling price of an article is ₹500

Step-by-step explanation:

GIVEN

Cost Price = ₹400

Profit = 25%

___________________________

TO FIND

Selling price of an article

___________________________

We know that,

Selling Price = ( 100 + Profit% ) × Cost Price / 100

Selling Price = ( 100 + 25% ) × 400 / 100

Selling Price = 125 × 400 / 100

Selling Price = 50000 / 100

Selling Price = 500

Selling Price = ₹500

Selling price of an article is ₹500

___________________________

IMPORTANT

If the profit percent is given and we have to find the selling price

Then

Selling Price = ( 100 + Profit% ) × Cost Price / 100

If the loss percent is given and we have to find the selling price

Then

Selling Price = ( 100 - Loss% ) × Cost Price / 100

When selling price and loss percent is give and we have to find the cost price

Then

Cost Price = ( Selling Price × 100 ) / ( 100 - Loss Percent )

When selling price and profit percent is give and we have to find the cost price

Then

Cost Price = ( Selling Price × 100 ) / ( 100 + Profit Percent )

Answer 2

Selling price of an article is ₹500

Step-by-step explanation:

GIVEN

Cost Price = ₹400

Profit = 25%

___________________________

TO FIND

Selling price of an article

___________________________

We know that,

Selling Price = ( 100 + Profit% ) × Cost Price / 100

Selling Price = ( 100 + 25% ) × 400 / 100

Selling Price = 125 × 400 / 100

Selling Price = 50000 / 100

Selling Price = 500

Selling Price = ₹500

Selling price of an article is ₹500

___________________________

IMPORTANT

If the profit percent is given and we have to find the selling price

Then

Selling Price = ( 100 + Profit% ) × Cost Price / 100

If the loss percent is given and we have to find the selling price

Then

Selling Price = ( 100 - Loss% ) × Cost Price / 100

When selling price and loss percent is give and we have to find the cost price

Then

Cost Price = ( Selling Price × 100 ) / ( 100 - Loss Percent )

When selling price and profit percent is give and we have to find the cost price

Then

Cost Price = ( Selling Price × 100 ) / ( 100 + Profit Percent )