cost price= rs 400 gain= 15% selling price=?
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Solution:
Cost price of the article : Rupees 400
Profit rate by selling it : 15 percent
Let us find the profit.
15/100 x 400
= 15 x 4 [In the above step, we've cancelled the two zeroes of 100 and 400 and turned it into 1 and 4.]
= 60 rupees [Gain]
Here,
we have got the profit which is rupees 60 and the cost price of the given article.
We know,
Selling Price = Cost Price + Profit
[For User's Knowledge:
Cost Price = Selling Price - Loss]
So,
The selling price would be:
400 + 60
= 460
Required Answer:
If the cost price of the given article is rupees 400 and the gain percent of the object is 15 percent, the selling price of the given article would be rupees 460.
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Answer:
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