find c.p of a watch whose s.p is 6000rs and gain %is 20%
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Lets consider this question --> Find the sp when cp is rs 80 and gain is 20%
Given that,
Cost price = Rs 80
Gain = 20 %
To find: Selling price
The formula used is:
SP = 100 + profit % / 100 * CP
Substituting the values in formula,
SP = 100 + 20 / 100 * 80
= 120 / 100 * 80
SP = 96
Thus selling price is Rs 96
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