Question

Find selling price when

(a) Cost Price = Rs 875 and Gain % = 5%  

(b) Cost Price = Rs 750 and Loss % = 15%  

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Answer 1

(a) Cost Price = Rs 875

Gain / Profit = 5%

875 + 43.75 ( 5% of 875 )

= 918.75

Answer 2

Answer:

(a) C.P=875

Gain percentage=5%

S.P=5% of C.P + CP

S.P=5/100 x 875 + 875

S.P=43.75 + 875

S.P=918.75

(b) C.P=750

Loss percentage=15%

S.P=C.P - 15% of C.P

S.P=750 - 15/100 x 750

S.P=750 - 112.5

S.P=637.5