Question

C.P. = 96, Profit = 8%
3
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Answer 1

Answer:

I guess u wanna ask SP

so SP= 1.08×96=103.68

Answer 2

Solution:-

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◉ Here the question has given us the CP of a product that is Rs 96 and the profit made by the seller that is 8%. Now, the question has asked us to find the selling price of the product. So, to find the SP we need to apply the formula of SP when profit% is given.

ANSWER:-

✩ The SP will be Rs. 103.68.

GIVEN:-

↠ Cost price of the product = Rs. 96

↠ Profit made by the seller = 8%

TO FIND:-

↣ Selling price = ?

FORMULA:-

↪ SP when Profit Percent is given = (100 + Profit % / 100)× CP

SOLVING BY APPLYING THE FORMULA:-

↠ CP = Rs. 96

↠ Profit% = 8%

↪ SP when Profit Percent is given = (100 + Profit % / 100)× CP

↦ Selling price = (100 + 8 / 100)× 96

↦ Selling price = (108 / 100)× 96

↦ Selling price = 108 / 100 × 96

↦ Selling price = 10,368 / 100

↦ Selling price = 103.68

Hence, the SP is Rs. 103.68

${\underline{\boxed{\large{\mathscr{\:All\: Formulae\:of\:Profit\:And\:Loss\:}}}}}$

• Profit = (SP > CP) = SP - CP
• Loss = (CP > SP) = CP - SP
• Profit% = (Profit × 100 / CP)%
• Loss% = (Loss × 100 / CP)%
• SP when Profit Percent is given = (100 + Profit % / 100)× CP
• CP when Profit Percent is given = (SP × 100 / 100 + Profit %)
• SP when Loss Percent is given = (100 - Loss / 100)× CP
• CP when Loss Percent is given = (SP × 100 / 100 - Loss)

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