Question

Cost price ₹500 and Profit% = 15% .
Find the selling price and profit. ​

Answer 1

Answer:

profit= profit percent of CP

Profit= 15 percent of 500

profit= 75

now,

sp= profit+cp

sp= 500+75

SP= 575

Step-by-step explanation:

Answer 2

${\blue{\underline{\underline{\bold{Given:-}}}}}$

• Cost price = ₹500
• Profit % = 15%

${\red{\underline{\underline{\bold{To\:Find:-}}}}}$

• Selling price ( S.P)
• Profit

${\green{\underline{\underline{\bold{Solution:-}}}}}$

➡ Cost price = ₹500

➡ Profit% = 15%

$\implies$ Profit = $\frac{Profit\%}{100}\times C.P$

$\implies$ Profit = $\frac{15}{100}\times 500$

$\implies$ Profit = ₹75

➡ Selling price = Cost price + Profit

➡ Selling price = ₹500+₹75

➡ Selling price = ₹575

${\orange{\underline{\underline{\bold{Required\:Answer:-}}}}}$

➡ Selling price = ₹575

➡ Profit = ₹75

Formulas used here:-

• Profit = $\frac{Profit\%}{100}\times C.P$
• Selling price = Cost price + Profit

Points to remember

• Cost price = Selling price - Profit
• Cost price = Selling price + Profit
• Selling price = Cost price + Profit
• Selling price = Cost price - Profit