Question

find selling price if a profit of 5% is made on a cycle of rupees 700 with rupees 50 as over head charges

Answer 1

CP of the cycle = Rs 700 Overhead charges = Rs 50 Total CP of the cycle =700 + 50 = Rs 750 Profit % = 5 % Profit % = [(SP - CP) / CP] x 100 5 = [(SP - 750) / 750] x 100 5/100 = [(SP - 750) / 750] (5 x 750) /100 = (SP - 750) 75 / 2 = SP - 750SP = (75/2) + 750 SP = 787.5 Therefore, the selling price of the cycle = Rs 787.5Other two questions can be solved in the same procedure as shown above.

Answer 2

Here is your answer

CP = 700 +50 = 750

PROFIT % = 5%

PROFIT = 5 x 750/100 = 37.50

SP = 750 + 37.50. = 787.50

Selling price = Rs 787.50 Answer

Hope it helps you