CP=920and gain =6% find SP when ?
Answers
ANSWERS:--cost price
a) 975.2
b) 999
EXPLANATIONS:--
Given
cost price of the book =920
Profit%=6%
We know,
selling price = (100 + profit%)cost price/100
= (100 + 6%) × 920/100
=(106)× 92/10
=(106×92)/10
=9752/10
=975.2
Therefore, the selling price of the book is 975.2
(b) CP =1080rs and loss =7.5%
Given
cost price of the book 1080
loss%=7.5%
We know,
selling price = (100 + loss%)cost price/100
= (100 -7.5%) × 1080/100
=(92.5)× 1080/100
=(92.5 ×108)/10
=9990/10
=999
Therefore, the selling price of the book is 999.
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Formulas for these types of sum
=>cost price or cp=selling price-loss
=>profit =profit percentage/cost price×100
=>selling price=cost price +profit
=>loss=cost price - selling price
Required data,
Cost price=920ruppes
gain percentage=6%
To solve the sum we use the formula of profit and selling price
Cost price=920 ruppes
therefore profit=920×6/100ruppes
=55.2 ruppes
therefore selling price=cost price+ profit
=920+55.2 ruppes
=975.2 ruppes