find S.P. when C.P. = Rs 2625, Gain= 16 2/3%
Answers
Given:
Cost Price = Rs 2625
Gain = 16 2/3%
To FInd:
The selling price
Solution
Find the gain:
Gain = 16 2/3% of Rs 2625
Gain = (16 2/3 ÷ 100) x 2625
Gain = Rs 437.50
Find the selling price
Selling Price = Cost Price + Gain
Selling Price = 2635 + 437.50
Selling Price = Rs 3062.50
Answer: The selling price is Rs 3062.50
✬ Selling Price = Rs 3062.5 ✬
Step-by-step explanation:
Given:
- Cost price is Rs 2625.
- Gain % is 16 2/3% = 50/3%.
To Find:
- What is the selling price?
Solution: As we know that
★ Gain% = (Gain/C.P x 100)
50/3 = Gain/2625 100
50/3 = 100g/2625
50/3 2625 = 100g
50 875 = 100g
43750 = 100g
43750/100 = g
437.5 = Gain
To find the Selling Price the formula is:-
★ Selling Price = Cost Price + Gain ★
S.P = Rs ( 2625 + 437.5 )
S.P = Rs 3062.5
Hence, The selling price is Rs 3062.5
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★ Other Formulae ★
➪ Loss % = ( Loss/C.P 100 ) %
➪ Gain = S.P – C.P