Question

C.P. = 300, gain % = 2%
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Answer 1

Answer:

100+gain%

________ × cp = sp

100

Answer 2

Answer:

Selling Price = Rs 306/-

Step-by-step explanation:

Cost Price = Rs 300

Gain Percentage = 2%

Therefore Selling Price is

SP =( (100 + Gain%) / 100) X CP

ie SP = ((100+2)/100) x CP

SP = (102/100) x CP

SP = 1.02 x 300

SP = Rs 306/-