Find SP or CP in the following problems: (a) CP = 700 , Profit = 12%
(b) SP = 1350, Loss = 10%
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GiveN:-
- (a) CP = 700 , Profit = 12%
- (b) SP = 1350, Loss = 10%
To FinD:-
Find SP or CP in the following problems.
SolutioN:-
- (a) CP = 700 , Profit = 12%
- Here we have to find the SP.
We know that,
where,
- SP = ?
- CP = Rs.700
- Profit = 12%
Putting the values,
VerificatioN:-
We know that,
where,
- SP = Rs.784
- CP = Rs.700
Putting the values,
Now,
where,
- Profit = Rs.84
- CP = Rs.700
- Profit% = 12%
Putting the values,
- Hence verified.
The Selling Price is Rs.784.
______________________________
- (b) SP = 1350 , Profit = 10%
- Here we have to find the CP.
We know that,
where,
- CP = ?
- SP = Rs.1350
- Loss = 10%
Putting the values,
VerificatioN:-
We know that,
where,
- CP = Rs.1500
- SP = Rs.1350
Putting the values,
Now,
where,
- Loss = Rs.150
- CP = Rs.1500
- Loss% = 10%
Putting the values,
- Hence verified.
The Cost Price is Rs.1500.
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