Question

c.p=$500 or loss=10% s.p = ?​

Answer 1

Step-by-step explanation:

As profit percent is given, we use the following formula.

CP (100 + P%)

SP = ------------------

100

450 (100 + 5)

SP = ------------------

100

450 x 105

SP = -------------

100

47250

SP = -----------

100

∴ Selling price = $472.50