Question

Find SP if CP = 1075 and profit = 5 percent answer should be 1128.75​

Answer 1

Answer:

The Selling price of the article is Rs. 1128.75.

Step-by-step explanation:

Given :

Cost Price = Rs. 1075

Profit % = 5%

To find :

The selling price

Solution :

Here :

• CP = 1075
• Profit % = 5 %
• SP = ??

$\bigstar \: {\boxed{\sf\:{SP = \frac{(100 + profit\%)} {100} \times CP}}}$

$\sf{\implies} \:SP = \dfrac{(100 + 5)} {100} \times 1075 \\ \\ \sf{\implies} \:SP = \dfrac{105}{100} \times 1075 \\ \\ \sf{\implies} \:SP = 1.05 \times 1075 \\ \\ \sf{\implies} \:SP = 1128.75$

Selling Price = Rs. 1128.75

$\therefore$ The Selling price of the article is Rs. 1128.75.

Answer 2

Answer:

The Selling price of the article is Rs. 1128.75.

Step-by-step explanation:

Given that :

• Cost Price = 1075
• Profit  = 5 %
• Selling Price = ?

To Find :

The Selling price of the article.

Solution :

We know that :

$\bigstar\;\boxed{\sf\:{SP=\dfrac{(100 + profit\%)}{100}\times CP}}}$

Put the values :

$\sf\\ \\\implies SP = \dfrac{(100 + 5)}{100} \times 1075\\ \\ \\ \implies \dfrac{105}{100} \times 1075\\ \\ \\ \implies 1.05 \times 1075\\ \\ \\ \implies 1128.75$

∴ The Selling price of the article is Rs. 1128.75.