Question

Bishnu bought a sofa set for 55400 and sold it at a gain of 8%. Find the selling price.​

Answer 1

Given :-

• Cost Price of Sofa set = 55400
• Gain = 8 %

To find :-

• Selling price

Solution:-

Selling Price is given by :-

${ \large{ \underline{ \boxed{ \bf{ \red{S.P = C.P \times \frac{ 100 + Profit\% } {100} }}}}}}$

➮ S.P = 55400 × (100 + 8/100)

➮ S.P = 55400 × 108/100

➮ S.P = 108 × 554

➮ S.P = Rs 59832

So, selling price is Rs 59832.