Question

Find SP, when
1: CP = 2360 Rs. and Profit = 8%.
2: CP = 380 Rs. and loss = 7.5%​

Answer 1

1. CP = 2360/-

PROFIT = 8%

SP = (100+GAIN)*CP/100

= (100+8)*2360/100

= 2548.8/-

2. CP = 380/-

LOSS = 7.5%

SP = (100-LOSS)*CP/100

= (100-7.5)*380/100

= 351.5/-