Question

Cost of an item is Rs. 100. It was sold with a profit 13 %. Find the selling price.​

Answer 1

Answer:

Cp=100

profit 13 %

sp= 113/100×100=113

Answer 2

In context of question asked,

We have to determine the selling price of the items.

As per question,

Cost price of the item is Rs. 100

Profit percentage = 13%

As we know that,

Profit and loss are calculated on CP.

So, we can say that,

SP will be (100% +13%) of CP.

So, $SP = 113\%\:of\:CP\\=>SP = \frac{113}{100}\times 100\\=>SP = Rs.\:113$

Hence, value of the SP of the article will be Rs. 113.