CP is 1075 and gain is 12 1/2 find SP
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Answered by
0
CP is 1075 and gain is 12 1/2 find SP
CP = 1075
Gain=g = 12 1/2% = 25/2 %
SP = ?
CP= ( SP*100 ) / ( 100 + g )
1075=(SP*100)/(100+0.125)
107634.375=SP*100
SP=1076.343
Answered by
14
Here is your answer.
CP = Rs 1075
Gain = 12 1/2 %
= 25/2%
Gain = 25/2% of 1075
Now
SP = CP + GAIN
= 1075 + 134.375
= 1209.375
Therefore SP = Rs 1209.375
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