Bishnu bought a sofa set for 55400 and sold it at a gain of 8%. Find the selling price
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Answer:
Sp = 59832.
Step-by-step explanation:
Given :-
cost price of sofa set is 55400.
bishnu earned 8% after selling this sofa .
To find:- what is the celling price of sofa?
solution:- to find s.p when c.p and profit percent are given we are using the following formula.
sp = (100+profit% / 100) × C.p
s.p = (100+8/100)×55400.
s.p = 108/100× 55400.
s.p = 108×554
s.p= Rs 59832
Hence selling price of sofia is Rs 59832
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