Question

c.p.= Rs 2656 and gain= 50%
find selling price​

Answer 1

As per the data given in the question,

We have to determine the value of selling price.

From the question,

It is given that,

CP = Rs. 2656

Profit percentage = 50%

As we know that,

Profit percentage is always calculated on CP.

So, SP will be  

$=(100\%+50\%) = 150\%\:of\:CP$

So, selling price will be

$150\%\:of\:2656 \\= \frac{150}{100}\times 2656\\=>1.5\times Rs.\:2656\\=>Rs. \:3984$

Hence, value of Selling price will be Rs. 3984