Question

CP = 10,000
Profit = 40%
find the SP ?​

Answer 1

Selling Price = ₹14000

Step-by-step explanation:

GIVEN

Cost Price = 10000

Profit = 40%

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TO FIND

Selling Price

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We know that,

Selling Price = ( 100 + Profit Percent ) × Cost Price / 100

Selling Price = ( 100 + 40% ) × 10000 / 100

Selling Price = 140 × 10000 / 100

Selling Price = 1400000 / 100

Selling Price = 14000

Selling Price = ₹14000

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IMPORTANT

When selling price and loss percent is give and we have to find the cost price

Then

Cost Price = ( Selling Price × 100 ) / ( 100 - Loss Percent )

When selling price and profit percent is give and we have to find the cost price

Then

Cost Price = ( Selling Price × 100 ) / ( 100 + Profit Percent )