Find S.P when C.P=Rs500;loss%=15%
Answers
Answer:
Rs 575
Step-by-step explanation:
CP=500
LOSS PERCENTAGE =15
THEREFORE , 15/100×500=RS 75
WE KNOW , SP=CP+LOSS
THEREFORE , SP=500+75
SP=575
Step-by-step explanation:
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On finding sp when cp and profit or loss percent are given
In this method you can use proportion or formula.
If Profit % is given then selling price will be
CP (100 + P%)
SP = ------------------
100
To find SP when loss % and CP are given
CP (100 - L%)
SP = ------------------
100
Illustration 1 : Cost price = $450, Profit % = 5% find SP.
Solution :
As profit percent is given, we use the following formula.
CP (100 + P%)
SP = ------------------
100
450 (100 + 5)
SP = ------------------
100
450 x 105
SP = -------------
100
47250
SP = -----------
100
∴ Selling price = $472.50
_______________________________________do in this method u would get correct answer!! ______________________________
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